A former executive of the defunct Colonial Bank, Catherine Kissick, was sentenced to eight years in prison for her role in a $2.9 billion fraud involving Taylor, Bean & Whitaker Mortgage Corp.

Kissick, 50, whose role in the fraud contributed to the failures of Colonial Bank and Taylor, Bean, was sentenced today by U.S. District Judge Leonie M. Brinkema in Alexandria, Virginia, the U.S. attorney for the district said an e-mailed statement.

ncG1vNJzZmivp6x7o7jOqKSbnaKce6S7zGilnq%2BjZK6zwMico56rX2d9cn2MaW1maWdksLC4zqegmqRdl66vt4ysZKSho6i2pLeMrJynrJWjsKawjKKlZmpdbnqjtculoKimXZu%2FosHDZmhm