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Jury deliberations continue in Va. bank fraud trial

Thursday - 5/23/2013, 11:03am  ET

NORFOLK, Va. -- Jury deliberations are continuing in the trial of four former Bank of the Commonwealth executives and a developer accused of conspiring to defraud the bank out of $71 million.

Media outlets report that the federal jury in Norfolk failed to reach a verdict Wednesday following three full days of deliberations. Jurors will resume deliberations Thursday.

The defendants include the former bank president and CEO, two former vice presidents, a mortgage specialist, and the developer.

The bank collapsed in September 2011.


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