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U.S. District Judge Eldon Fallon sentenced former First NBC Bank CEO Ashton Ryan to 14 years in federal prison for bank fraud and conspiracy on Wednesday.
A federal judge on Wednesday sentenced founder and former CEO of First NBC Bank Ashton Ryan Jr., who was convicted of nearly four dozen counts of bank fraud, conspiracy and
Assistant Sheriff Kristen Morales was hit Tuesday with a motion to recover $161,447 in expert and attorneys’ fees in her unsuccessful legal case.
Federal prosecutors also charged former First NBC loan officer Fred Beebe with similar crimes, but the grand jury ultimately found him not guilty.
It was a spectacular failure for Ashton Ryan, the New Orleans banker who started First NBC in 2006 and built a reputation as the city's top financial guru