Press Release: U.S. Attorney’s Office, District of Maryland
U.S. District Judge Deborah K. Chasanow today sentenced the former President and Chief Executive Officer of Cecil Bank, Mary Beyer Halsey, age 59, of Rising Sun, Maryland, to two years in federal prison, followed by five years of supervised release. Halsey pleaded guilty on July 31, 2020, to the federal charges of conspiracy to commit bank fraud, receipt of a bribe by a bank official, and false statement in bank records, in connection with the straw purchase of a home in Elkton, Maryland, upon which Cecil Bank had foreclosed. Judge Chasanow also ordered Halsey to forfeit her interest in the home in Elkton and to pay restitution in the amount of $145,000.
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U.S. District Judge Deborah K. Chasanow today sentenced the former President and Chief Executive Officer of Cecil Bank, Mary Beyer Halsey, age 59, of Rising Sun, Maryland, to two years in federal prison, followed by five years of supervised release. Halsey pleaded guilty on July 31, 2020, to the federal charges of conspiracy to commit bank fraud, receipt of a bribe by a bank official, and false statement in bank records, in connection with the straw purchase of a home in Elkton, Maryland, upon which Cecil Bank had foreclosed. Judge Chasanow also ordered Halsey to forfeit her interest in the home in Elkton and to pay restitution in the amount of $145,000.
The above is only an excerpt of the article.
[ Read the rest of the article here. ]