At issue is the upkeep – or in this case, an alleged lack thereof – of the Kanawha Canal Bridge, a small crossing that’s the only way in and out of the island-bound neighborhood for the few well-known local families who live there.
It was no April Fool’s Day prank: two sizable Richmond-area bank acquisitions both closed on Tuesday, a rare occurrence, to be sure.
April Fool’s Day was all business for Atlantic Union Bank, as it completed its leap to become a nearly $40 billion regional banking powerhouse.
In weighing the motivations of Robert Brian Thompson’s crimes, U.S. District Court Judge M. Hannah Lauck hit him with a question that seemed to catch him by surprise: she asked him how his house is.
Federal prosecutors are seeking a prison sentence of 30-37 months for longtime Fed employee Robert Brian Thompson, while he has asked for 15 months.
The popular annual tournament soon to be formerly known as the Dominion Energy Charity Classic is in a down-to-the-wire search for new sponsors to pony up and prevent it from potentially being forced to leave the Richmond region after this year.
The all-cash deal, valued at $120 million, is now set to close early next month and would double TowneBank’s Richmond-area branch footprint.
After making a fairly quiet entrance into the Richmond market two years ago, the $5 billion Mount Oliver, N.C.-based bank is looking to ramp things up.
“This is certainly a case that calls for deterrence. We need to send a message: you cannot steal from agencies of the commonwealth and get away with it,” said Judge John Gibney.
John Hunter Raines admitted to using the embezzled funds on private jet trips, limo rides and a gambling and booze habit. The judge in his case has signaled he won’t show leniency at sentencing.
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