U.S. District Court for the Eastern District of Louisiana, in New Orleans. Photo: Michael A. Scarcella/ ALM Media
The former general counsel at a failed New Orleans bank has pleaded guilty to a federal charge of conspiracy to commit bank fraud.
Gregory St. Angelo, who was GC at First NBC Bank from its inception in 2006 to its collapse in 2017, faces a maximum of 30 years in prison and $1 million fine when he is scheduled to be sentenced in the U.S. District Court for the Eastern District of Louisiana in October.
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