“Former Ramapo Supervisor Christopher St. Lawrence’s sentencing on corruption-related charges has been delayed for an indefinite period as the judge weighs the extent of financial losses incurred by investors who bought the town’s municipal bonds.
U.S. Judge Cathy Seibel will begin taking testimony Wednesday morning from witnesses for the prosecution and defense on the estimated financial loss to investors. How the investors will be repaid and any St. Lawrence restitution remain separate issues for Seibel to decide. [Read more…]