Ferguson’s friends plead for leniency

Posted on: 9:44 am, February 11, 2013, by , updated on: 09:46am, February 11, 2013

Allen Ferguson pleaded guilty Wednesday at the federal courthouse.

Allen Ferguson pleaded guilty Wednesday at the federal courthouse.

By Michael Schwartz

RICHMOND, Va. (RichmondBizSense.com) – The legal defense team of former Richmond investment banker Allen Mead Ferguson is armed with some extra leverage after nearly 50 of his friends submitted letters on Ferguson’s behalf, extolling his character and generosity leading up to his sentencing Friday for fraud.

The letters – written by a who’s who of the local business community – implore his attorneys to push the judge to consider Ferguson’s philanthropy, age, health and supposed public humiliation as reasons for leniency at his sentencing hearing before U.S. District Court Judge Henry Hudson.

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