NEW YORK–Sylvia Ash, the former state judge and chairman of Municipal Credit Union, has filed an appeal of her obstruction of justice conviction and her 15-month federal prison sentence.
As CUToday.info reported, following a two-week trial, Ash, 64, of Brooklyn, was convicted of conspiracy, obstruction of justice and making a false statement to a federal agent. She was acquitted of another obstruction count.
The verdict was returned in Manhattan federal court after jurors heard evidence supporting charges that she took steps over multiple months to obstruct the investigation into financial misconduct at Municipal Credit Union while she chaired the CU’s board.
Some of the financial misconduct involved the CU’s former CEO, Kam Wong, who is also currently in prison. In addition, a former supervisory committee chair and the head of MCU’s Fraud and Security area, Joseph Guagliardo, has also been sentenced for crimes. The credit union was placed in conservatorship by NCUA but has since been returned to members.
$80K Fine Assessed
Ash was sentenced to 15 months in prison, ordered to pay an $80,000 fine, and ordered to serve two years of supervised release.
But according to documents filed with the U.S. District Court for the Southern District of New York in Manhattan, Ash’s lawyer, Justine Harris of New York, filed a notice of appeal on May 10 with the U.S. Court of Appeals for the Second Circuit in Manhattan, according to World News.
Ash is scheduled to begin her prison sentence on July 20, court documents show, though a federal judge has not yet ruled on whether she will be allowed to remain free on bond while her case is pending before the appeals court, World News reported.
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