Judge to sentence Rubashkin to 27 years in prison
Cedar Rapids - Although former Agriprocessors executive Sholom Rubashkin won't be formally sentenced until Tuesday, the judge has announced what she plans to hand down for punishment.
U.S. District Court Judge Linda Reade wrote that she will sentence Rubashkin for 27 years in prison in connection with his federal bank fraud convictions.
Authorities said Rubashkin, who was described as the CEO and co-vice president of Agriprocessors when it was raided by immigration officials in May 2008, instructed employees to alter company records so a bank would continue loaning Agriprocessors money after the raid.
He was convicted of 86 fraud-related counts in November. A two-day sentencing hearing started in April, and Judge Reade delayed her judgment.
Prosecutors had recommended Rubashkin be sentenced to 25 years in prison. Defense attorneys asked for no more than six years in prison.
In her order filed today (Monday), Reade sentenced Rubashkin to 324 months - 27 years - in prison to be followed by five years of supervised release.
There is no parole in the federal prison system.
She also order him to pay $18.5 million in restitution to one bank, $8.3 million to another bank and $3.8 million to Waverly Sales Inc.
She declined to impose a fine in connection with the case.
Waterloo Cedar Falls Courier