Prison-bound ex-Cedar Hills mayor says he should have heeded wife
By Dennis Romboy, Deseret News
Published: Tuesday, Nov. 13 2012 5:36 p.m. MST
SALT LAKE CITY — Former Cedar Hills Mayor Eric A. Richardson shared a long, tearful embrace with his wife after a federal judge sentenced him to prison for bank fraud Tuesday.
“The crazy thing is if I’d have listened to her, I wouldn’t be standing here today,” he told U.S. District Court Judge David Nuffer moments earlier.
Richardson, 38, said he didn’t heed the advice of a “dear, sweet, humble housewife” because he thought of himself as the businessman in the house. He ended up falsifying a loan application as part of an equity skimming scheme.
“I am guilty, and that guilt is searing,” he told the judge. “I am responsible for the harm I have done.”
Nuffer ordered Richardson to spend 12 months and one day in prison followed by 36 months probation. The additional day allows him the opportunity to be released early for good behavior. He is scheduled to report to prison Jan. 7.
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Judge sentences ex-Cedar Hills mayor to a year and a day in prison
Fraud » Eric Richardson ordered to serve a year in loan scam case.
By Tom Harvey | The Salt Lake Tribune
First Published Nov 13 2012 05:20 pm • Last Updated Nov 13 2012 06:36 pm
A federal judge on Tuesday sentenced former Cedar Hills Mayor Eric Richardson to a year and a day in prison on his guilty plea for taking part in what federal agents say was a group of people who committed numerous alleged mortgage and bank frauds.
http://www.sltrib.com/sltrib/money/55268977-79/richardson-federal-loan-cedar.html.csp
Former Cedar Hills mayor sentenced to 366 days in prison
Daily Herald – November 14, 2012
Former Cedar Hills mayor Eric Richardson on Tuesday was sentenced to 366 days in federal prison followed by 36 months of supervised release, and ordered to pay $110,000 in restitution.
He will report to prison on Jan. 7, 2013.