Friday, February 8, 2013
Hamlin sentenced; order sealed
Former Bank of America vice president, Loren Hamlin was sentenced on Friday, Feb. 8 in federal court held in Raleigh. Although the sentence was written on the docket report, the plea agreement has been sealed by the court. Below is the entry from the court docket. For more information, see previous post.
"Minute Entry for proceedings held before Chief U.S. District Judge James C. Dever III in Raleigh: Defendant present with counsel and Assistant U.S. Attorney present for USA - Defendant sworn. Sentencing held on 2/8/2013 for Loren F. Hamlin (1). Count 1: Bureau of Prisons - 78 months - Supervised Release - 5 years with special conditions imposed - Special Assessment - $100.00 due in full immediately - Restitution - $12,010,536.00 due in full immediately - Interest Waived. Recommendations by the Court: Receive intensive substance abuse treatment - Place of incarceration at the Federal Correctional Institution in Butner, North Carolina. Defendant advised of appeal rights. Allowed to self report as directed."
Reporting to prison delayed. Click here for order.