Stevens To Be Sentenced In Bank Fraud Case On Thursday

James Stevens, the former commercial lender involved in a bank fraud case, is awaiting sentencing, but it’s getting closer. His sentencing was rescheduled to this Thursday, June 13 due to a conflict in the court’s docket. The U.S. Attorney’s Office for the Eastern District of Virginia recommends a 60-month sentence for Stevens, citing aggravating factors in what they cite as his 15-year-long fraudulent scheme. However, Stevens, through his counsel, argues for leniency, citing a series of loans made to a man named Shawn Smith that spiraled into fraudulent activities. With the sentencing approaching, that case continues to unfold.