James Ladio, a former chief executive of MidCoast Community Bank in Wilmington, Del., was sentenced to two years in prison for his role in a fraudulent loan scheme. Ladio pleaded guilty last year to ...
A former bank chief executive was sentenced Monday to two years in prison for a scheme involving the use of his bank's money to pay personal debts. James A. Ladio, 58, who founded and headed MidCoast ...
A subdued James A. Ladio, 57, who once headed a four-branch bank in Delaware, told a federal judge Tuesday that with the formation of MidCoast Community Bank in 2007, he invested heavily in the ...
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