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3.12.2018
Four former executives of Wilmington Trust Corporation went on trial Monday on federal fraud and conspiracy charges, with prosecutors telling jurors the defendants hid hundreds of millions of dollars in bad loans as the bank’s commercial real estate loan portfolio cratered after the 2008 financial crisis.
“The evidence will show that these people didn’t lie,” Harra’s defense attorney, Michael Kelly, told jurors. “The evidence will show that this is a dispute about reporting.
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