Banker convicted of a scheme that involved the owner of the SF Giants

During the IPO, Seligman and family sold $114.7 million in shares.

Han faced up to 30 years in federal prison, but prosecutors and her lawyer pushed for six months of house arrest and probation. She deserved the break because she cooperated with and helped the government investigate Sterling Bancorp, prosecutors said.

Last year, Sterling pleaded guilty to securities fraud charges and agreed to pay victim shareholders more than $27.2 million.

Two others were convicted of conspiracy-related offenses and sentenced to prison. These are:

∎ Hao Liang “Frank” Hu of Chino Hills, California, sentenced to six months of house arrest.

∎ Amy Lu of Brea, California, sentenced to three years of supervised release.

According to the Office of the Comptroller of the Currency, Seligman was fined $400,000 in April for allegedly pressuring bank employees to expedite mortgage lending under a high-fraud mortgage program. He was also banned from working in the banking sector.