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Former Virgin Islands Housing Finance Authority Executive Sentenced to 36 Months in Prison for Fraud, Conflict of Interest, False Statements, and Money Laundering

Fraud, Bribery & CorruptionFormer Virgin Islands Housing Finance Authority Executive Sentenced to 36 Months in Prison for Fraud, Conflict of Interest, False Statements, and Money Laundering

St. Thomas, VI –United States Attorney Adam F. Sleeper announced today that former Virgin Islands Housing Finance Authority (“VIHFA”) Chief Operating Officer Darin Richardson was sentenced today to 36 months of imprisonment by United States District Judge Mark A. Kearney following his convictions for criminal conflict of interest, bank fraud, making false statements to a federal agent, making false statements on a loan and credit application, and money laundering.

Story from www.justice.gov

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