McField’s sentencing for bank fraud postponed
JACKSON — A federal sentencing hearing has been delayed for a Mississippi man convicted of taking a $1.6-million bank loan to buy a Florida condo and instead spending the money on other things, including a Bentley car.
Seneca O. McField was convicted of bank fraud and money laundering in U.S. District Court on Nov. 4. His sentencing was set for Monday. It was pushed back to March 3.
McField was accused of making false statements to Merchants and Farmers Bank in 2004 to secure the loan for a condo in Sarasota, Fla.
Prosecutors say McField spent $429,000 on a 2005 Bentley Arnage T vehicle.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Congressional delegation applauds Air Force's decision on Keesler, but not satisfied
- Deal for Jackson-Orlando flights in works with Allegiant
- (UPDATED) Making Jackson-Evers affordable to Allegiant is key to regaining Orlando service
- County rescinds gun ban; sheriff says lawmakers may 'deal with the consequences'
- Great River Industries moving headquarters to Natchez
- Report: Mississippi sees biggest hike in home insurance premiums in U.S.
- Baseball stadium for Farish Street? It’s possible
- The Blues and higher education — Delta State launches the International Delta Blues Project
- Giles Ward will not seek reelection to Senate
- Singing River shutting doors on two Coast clinics