NORFOLK, Va. (AP) -- Former Bank of the Commonwealth president and CEO Edward J. Woodard's sentencing has been postponed until November.
Woodard was scheduled to be sentenced Sept. 26 on conspiracy to commit bank fraud and related charges. The trial has been pushed back to Nov. 6.
A reason for the postponement wasn't given. Woodard's lawyer, Andrew Sacks, tells The Virginian-Pilot (http://bit.ly/16JIaDl ) that the postponement was at the court's request.
Woodard and three others were convicted in May of conspiring to defraud the bank out of $71 million before its collapse in 2011.
Information from: The Virginian-Pilot, http://pilotonline.com
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