WCAV-WVAW-WAHU | Charlottesville, Virginia | News

Defendants Seek New Venue for Va. Bank Fraud Trial

September 16, 2012

NORFOLK, Va. (AP) - Three former Bank of the Commonwealth executives accused of bank fraud say they can't get a fair trial in Hampton Roads.

Former president Ed Woodward and two former vice presidents, Woodward's son T. Brandon Woodward and Stephen Fields, filed motions last week in federal court seeking a change of venue. They were indicted in July along with another former bank executive and two borrowers.

Their motions cite publicity surrounding the case. The Virginian-Pilot says Ed Woodward's attorneys submitted 100 pages of its articles on the case to the court.

The defendants are accused of participating in a fraud scheme that led to the bank's collapse in September 2011. One defendant, developer Thomas Arney of Chesapeake, pleaded guilty in August to bank fraud charges.

The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we only ask that you use your best judgment. E-mail is required, but will not be displayed with comment.

  • Comments cannot be profane or vulgar. We will not post comments that use profanity or cross the lines of good taste.
  • We will not post comments that use hate speech. Slurs, stereotypes and violent talk aren’t welcome on our website.
  • Comments should not attack other readers or people featured in our stories personally. Any accusations should be backed up with facts.
  • Any comment we post will be posted in its entirety. We do not edit any comment that we post.
  • Comments should contribute to the discussion. We will not post comments that don't advance the discussion. Flaming and/or trolling will not be tolerated.
  • Comments should not attack other posters. Let's keep the focus on the content of the story.

    As a host Newsplex.com welcomes a wide spectrum of opinions. However this is a site that we host. We have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason The Newsplex reserves the right to not post or to remove any comment.

    If you have any ideas to improve the conversation or this section let us know. Send an e-mail to webmaster@newsplex.com.


powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 169969706