Hearing on hold for former bank exec
By Times Wires
Published January 20, 2007
A hearing for Ed Camejo, a former high-ranking executive at Northern Trust Bank who was accused of embezzling money from accounts, has been continued until Jan. 29.
Camejo, 38, a former president of the Mahaffey Theater Foundation, faces one felony charge of grand theft. He seeks to avoid prison by making restitution to the bank, which says he owes $1.49-million.
Lucas Fleming, Camejo's attorney, told the court during a hearing Friday that a prison sentence would make it difficult for Camejo to pay back the bank. He is asking for a sentence of 15 years of probation. By Friday, Camejo had paid back $617,803. He also brought a $25,000 check to court. The State Attorney's Office is seeking a five-year prison sentence.