Former CU manager gets a day in prison for money laundering, bribery in public corruption case

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Kevin M. Biederman, a former business development manager for the $1.1 billion Philadelphia Federal Credit Union, was sentenced to just one day in prison for his role in helping Pennsylvania public officials, including an elected judge, launder money.U.S. District Judge Gene E.K. Pratter in Philadelphia last week also ordered Biederman to serve 30 months of supervised release and pay a $2,000 fine and a $200 special assessment.Biederman, who worked at the credit union from 2012 to 2016, pleaded guilty to conspiracy to commit money laundering and bank bribery in March 2018. Other felony charges against him were dropped by federal prosecutors.Court records do not indicate why the former credit union employee received a light sentence because at least seven court filings, including Biederman’s plea deal, were sealed by the judge and prosecutors from public inspection. continue reading »last_img read more

B&H Football Team in Group for Draw With Other European Teams

first_imgThe International Football Federation (FIFA) announced today the groups that will be involved in the draw for the World Cup in Brazil. The B&H team was placed in hat 4 with other European teams.FIFA ranked nine teams in these hats, and there will be a draw to determine a team that will be placed in hat 2 with teams from Africa and South American, which is currently seven teams.-Hat 1: Brazil, Spain, Germany, Argentina, Columbia, Belgium, Uruguay and Switzerland.-Hat 2: Chile, Cote d’Ivoire, Ecuador, Ghana, Algeria, Nigeria and Cameroon.-Hat 3: USA, Mexico, Costa Rica, Honduras, Japan, Iran, South Korea and Australia.-Hat 4: Netherlands, Italy, England, Portugal, Greece, B&H, Croatia, France and Russi.The group drawing for the World Cup will be held on Friday at 17:00 according to Central European Time.(Source: Fena)last_img read more