Kevin M. Biederman, a former business development manager for the $1.1 billion Philadelphia Federal Credit Union, was sentenced to just one day in prison for his role in helping Pennsylvania public officials, including an elected judge, launder money.
U.S. District Judge Gene E.K. Pratter in Philadelphia last week also ordered Biederman to serve 30 months of supervised release and pay a $2,000 fine and a $200 special assessment.
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