A resident of Bal Harbor, Florida, has been indicted by a federal grand jury in Pittsburgh on charges of bank fraud.
The three-count indictment is brought against the sole defendant; Edmund M. Abramson.
The law provides for a maximum total sentence of 70 years in prison, a fine of $1,500,000 or both. Under the Federal Sentencing Guidelines, the actual sentence imposed would be based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant.
