NORFOLK, Va. (WAVY) - Jury selection began Tuesday and is expected to continue through Wednesday in the Bank of the Commonwealth scheme to commit bank fraud.
The bank's former President Ed Woodard and his son Ed Woodard, who ran the bank's loan department, were indicted last summer. Also indicted were four other bank executives, Thomas Arney, Dwight Etheridge, Stephens FIelds and Simon Hounslow.
Two men already pleaded guilty. George Hranowsky was sentenced to 14 years in prison and his business partner Eric Menden got 11 years.
It is estimated the bank failure cost taxpayers approximately $270 million.
The case against a race organizer that spanned three separate cities continued Wednesday.
A 24-year-old woman was arrested after officers say she left her 7-year-old alone at home on several occasions.
Portsmouth Police need help solving a robbery at a business.