Texas Businessman Sentenced to Prison for False Statements to Federally Insured Bank
WASHINGTON – A Sherman, Texas, businessman was sentenced today to three years in prison for each of two counts of submitting a false statement to a federally insured financial institution, Acting Assistant Attorney General of the Criminal Division Matthew Friedrich announced. The prison terms will run concurrently.
James W. Sandlin, 57, was sentenced today by U.S. District Judge Richard A. Schell in the Eastern District of Texas. In addition, Judge Schell ordered Sandlin to serve three years of supervised release following his prison term and imposed fines totaling $20,000. Sandlin was indicted on Nov. 15, 2007, and convicted by a federal jury in June 2008.
Sandlin is also under indictment along with Congressman Richard G. Renzi on conspiracy, honest services mail and wire fraud, and extortion counts in the District of Arizona. The trial in that case is scheduled to begin on March 24, 2009, in Tucson, Ariz.
I'm not sure what impact, if any, that Sandlin's current conviction will have on the Renzi trial. I'm sure that Mike Bryan at Blog for AZ, lawyer that he is, will have some insight into that aspect.
More on the Renzi/Sandlin indictment from the Washington Post here and The Sunlight Foundation here.
BTW - I don't know about you, but I was hoping that Renzi's trial would be in Phoenix. Just for the sake of being able to be in attendance when he is brought down.
Oh well. Us denizens of Maricopa (and CD1) will just have to read the snarky and insightful reports of Mike Bryan (insightful), Tedski (snarkily insightful), and the other Sonoran bloggers.