Prison sentences for Hammersmith Trust pair

    Lengthy prison terms have been handed down to the first two defendants to be sentenced in a $64 million fraud some funds were laundered through the Bank of Bermuda in the name of an Antiguan ‘paper’ bank.William H. West, of Niceville, Florida was the first to be sentenced, receiving 136 months in prison and ordered to pay restitution of $25 million at a hearing on July 19, 2001.