Former executives from the now-defunct Bank of San Pedro in Los Angeles could each face more than 100 years in prison for a fraudulent investment scheme that led to the bank's closing.

After a five-week trial that ended last month, U.S. Attorney Nora M. Manella said, Lance D. Oak, Keith M. Congleton, William P. Double, and Michael R. Kasino were convicted of defrauding Bank of San Pedro of millions of dollars.

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