2 Officers of Failed Florida S&L; Draw Fines, Prison Terms
MIAMI — The former president and vice president of Sunrise Savings & Loan were sentenced to prison for causing the thrift’s $680-million collapse, one of the most costly of the recent S&L; failures.
U.S. District Judge William Hoeveler on Thursday sentenced Robert Jacoby, the former president, to 5 1/2 years in prison and four years on probation. Tom Skubal, who was vice president, was sentenced to three years in prison and four months’ probation. Both were convicted of fraud in July.
Jacoby was fined $11,250 and Skubal was fined $250. Hoeveler postponed a decision on a request for $2.9 million in restitution filed by the Federal Deposit Insurance Corp., which took over the insolvent Boynton Beach thrift in 1985.
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