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Former officer of collapsed Va. bank sentenced

A former executive of a now-collapsed Virginia bank has been sentenced to 17 years in federal prison.

Monday - 09/16/2013, 06:29pm EDT

Tags: Bank of the Commonwealth, bank collapse

SEC revokes stock of shuttered Va bank's parent

Federal regulators have revoked the stock of the shuttered Bank of the Commonwealth's parent.

Sunday - 08/04/2013, 06:14pm EDT

Tags: Securities and Exchange Commission, Bank of the Commonwealth

Developer sentenced in Va. bank fraud case

A developer will spend more than two years in prison for his role in a fraud scheme that led to the Bank of the Commonwealth's collapse.

Tuesday - 07/23/2013, 10:17am EDT

Tags: Bank of the Commonwealth

4 convicted in Bank of Commonwealth fraud

A federal court jury has found former Bank of the Commonwealth president and CEO Edward Woodard Jr. and three others guilty of conspiring to defraud the bank out of $71 million.

Friday - 05/24/2013, 12:18pm EDT

Tags: Bank of the Commonwealth

Jury deliberations continue in Va. bank fraud trial

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.

Thursday - 05/23/2013, 11:03am EDT

Tags: Bank of the Commonwealth