John Arthur Hanratty, founder and managing director of Ebury Street Capital, sentenced to 12 months in prison for wire fraud, bank fraud, and money laundering after defrauding an FDIC‑insured bank of nearly $20 million. He was found guilty in August 2025. Judge Lorna G. Schofield imposed a prison term, two years supervised release, and a forfeiture of about $17.7 million, with restitution pending. Hanratty used false statements to inflate the value of municipal tax‑lien collateral and fabricated records, leading to the bank’s loss and the collapse of the firm. Investors lost more than $8 million. The case was prosecuted by the U.S. Attorney’s Office Complex Frauds and Cybercrime Unit.
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