Archives For Delaware

Former Wilmington Trust president pleads not guilty to federal fraud and conspiracy charges

Former Wilmington Trust president Robert Harra Jr. was ordered released on bail Thursday after pleading not guilty to fraud and conspiracy charges stemming from an ongoing federal investigation into the collapse of the century-old financial institution.

Harra, 66, said little during his initial court appearance, only acknowledging that he understood the charges and maximum penalties he faces as outlined to him by U.S. Magistrate Judge Christopher Burke.

Peter W. Hayes, 49, Newark, Delaware, pleaded guilty to one count of accepting a gift for procuring loans, in violation of Title 18, United States Code, Section 215. United States District Judge Richard G. Andrews scheduled a sentencing hearing for March 17, 2015, at 9 a.m.

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Salvatore J. Leone, 50, Dover, Delaware, pleaded guilty to conspiracy to commit bank fraud concerning the procurement and use of loan funds.

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Michael A. Zimmerman, 56, Dover, Delaware, is the subject of new charges when a federal grand jury released a superseding indictment with additional fraud and money-laundering offenses.

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Ronald Tate, 42, Middletown, Delaware, has been sentenced by Chief Judge Gregory M. Sleet to a two year term of prison for submitting a fraudulent mortgage application.

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Jamaar Manlove, Larry Manlove, Rhonda Manlove, Master Builders for Christ and Vision Builders Christian Center have been charged in a 21-count indictment for crimes related to a mortgage rescue scam. Warrants have been issued

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Ed Johnson, 60, and G. Carol Johnson, 67, Wilmington, Delaware, were both found guilty by a federal jury of one count of conspiracy to commit mail and wire fraud, 10 counts of mail and wire fraud and one count of engaging in an illegal monetary transaction. Johnson was also convicted individually of one additional mail and

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