Bank Executive To Do Prison Time

A Connecticut bank executive will serve four years in prison for stealing $7.4 million over the course of a decade. 56 year old James Blose admitted to pocketing legal fees, real estate proceeds, and other bank funds while working high-level jobs at multiple banks here in the state. He used the money to buy luxury cars, a South Carolina vacation home, and to pay for private jets. Blose must report to prison June 23. A judge will also decide how much he has to pay back.