SKOWHEGAN, Me. - (02/07/05) -- The eldest of two teenage brotherswho robbed Franklin-Somerset FCU twice last year was sent to prisonFriday for six years. James 'Tony' Wildes, now 19, was convicted ofrobbing the credit union's Madison branch of $15,000 on July 6,then of $30,000 five weeks later, on Aug. 12. He was ordered to pay$15,000 restitution after his lawyer argued he didn't have the restof the money and was in no condition to raise it, especially afterhe goes to prison. Wildes' 16-year-old brother Christopher, whohelped in the dual credit union heists, will be in a juveniledetention center until he reaches the age of 20.
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A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
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The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.
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The Senate passed President Trump's tax and spending bill Tuesday, but questions around Consumer Financial Protection Bureau funding, 1071 delay and remittance taxes remain as GOP leaders scramble to pass the bill out of the House before Trump's July 4 deadline.
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