Former Ramapo Supervisor Christopher St. Lawrence arrives with lawyer, Michael Burke of Suffern, for sentencing for corruption-associated convictions at U.S. Courthouse in White Plains on Nov. 27, 2017.
WHITE PLAINS – Former Ramapo Supervisor Christopher St. Lawrence’s sentencing on corruption-associated fees has been delayed for an indefinite interval as the decide weighs the extent of monetary losses incurred by buyers who purchased the city’s bonds.
U.S. Decide Cathy Seibel this morning granted the delay and will start taking testimony Wednesday morning on points concerned with setting a sentencing vary.
Seibel stated there is no doubt St. Lawrence dedicated fraud however questioned whether or not buyers knew concerning the danger they have been taking when shopping for the city’s bonds.
Lead prosecutor James McMahon argued the precise quantity did not matter, as a result of buyers did not get what they anticipated.
Protection lawyer Michael Burke agreed with the decide in questioning the prosecutor’s principle of how a lot buyers have been harmed.
At this morning’s listening to, Seibel heard arguments on Burke’s request to delay the the sixty six-yr-previous former supervisor’s sentencing till after Dec. 12.
Burke needed extra time to analyze the prosecution’s up to date estimation of losses suffered by buyers who purchased Ramapo bonds based mostly on false info from St. Lawrence. The U.S. Lawyer’s Workplace opposed a delay, arguing the estimated loss has been correctly calculated.
FRAUD: U.S. prosecutors recommend 14 years for St. Lawrence
ST. LAWRENCE: His sentencing memo seeks probation
Both sides offered Seibel their views on St. Lawrence’s corruption-related convictions in lengthy sentencing memorandums. Seibel, a former federal prosecutor, oversaw St. Lawrence’s jury trial from late April to the middle of May.
The U.S. Attorney’s Office’s 59-page memorandum recommended Seibel sentence St. Lawrence to 11.25 years to 14 years in prison based on the prosecution’s estimated $2.3 million financial loss to investors in a scheme involving municipal bonds.
Federal probation officials have recommended two to 2 1/2 years in prison.
Burke, in his 32-page court memo, suggested Seibel sentence St. Lawrence to probation. Burke argued the prosecution failed to prove its case and called the prosecution’s sentencing recommendation disproportionate to the crimes.
A jury sitting at the federal courthouse in White…