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Former exec of failed bank convicted in federal court

Por: Associated Press Business February 10, 2023

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NEW ORLEANS (AP) — The former chief executive of a failed bank in New Orleans was convicted Thursday of bank fraud, conspiracy and other charges in federal court. New Orleans news outlets report that a federal jury convicted Ashton Ryan in connection with the collapse six years ago of First NBC Bank. The verdict followed a five-week trial. Prosecutors said Ryan, 75, repeatedly approved loans for a group of borrowers that he knew couldn’t... + full article



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