News

Prosecution In McDonnells’ Trial Expects To Rest By Thursday

Prosecution In McDonnells’ Trial Expects To Rest By Thursday

Photo: WINA

The prosecution will rest its case by Thursday. That’s what government attorneys have told a federal judge in the McDonnells’ trial. The jury will take Friday off while both sides work on motions. The defense teams for the former governor (pictured right) and onetime First Lady (pictured left) will begin their case Monday. An FBI agent testified that the former first couple once had more than $90,000 in credit card debt and that a family real estate partnership lost more than $80,000 in just two years. David Hulser’s testimony bolstered the prosecution’s claim that the McDonnells were in dire financial straits. Virginia Beach Mayor William Sessoms who’s testifying about Bob McDonnell’s application to refinance a loan on a beach rental property. Sessoms said McDonnell never mentioned debts to Jonnie Williams in his application to refinance. A defense attorney says the Williams loans went to Maureen McDonnell and to a company owned by the former governor and his sister. Bob McDonnell was the sole borrower on the TowneBank loan. Sessoms says a corporate debt technically does not have to be listed on an individual financial statement, but a bank needs to know about shared debts.

Latest Stories

in Weird

Sure it’s Swiss, but where are the holes?

Fresh
swiss

The mystery of Swiss cheese and its disappearing holes has been solved.

in Music

Stars salute Pete Townshend

Fresh
24-overlay6

The Who star was honored with a special concert for his longtime work with the MusiCares charity.

in Viral Videos

This ‘Single Ladies/Ducktales’ mashup is a thing of beauty

12-overlay4

WATCH: The infamous video from Beyoncé's hit single pairs perfectly with the cartoon theme song.