Fred Daibes got 3 years after he pleaded guilty to circumventing loans through a bank he founded and later chaired. Fred Daibes will serve the 3 year-sentence concurrently with the 7-year sentence ...

Menendez was sentenced Wednesday to 11 years in federal prison, and his co-defendants, Edgewater developer Fred Daibes and Egyptian American businessman Wael Hana, were sentenced respectively to ...

Fred Daibes got 3 years after he pleaded guilty to circumventing loans through a bank he founded and later chaired. Fred Daibes will serve the 3 year-sentence concurrent with the 7-year sentence ...

He was sentenced on Friday in Newark to 37 months that will run concurrently with his seven-year sentence related to the Menendez case and must pay a $300,000 fine, said Daibes' attorney ...