Capano gets prison in Riverbend development case [View all]

Longtime developer Joseph L. Capano Sr. promised buyers that he would build hundreds of high-end homes in the Riverbend community in south New Castle. Instead, years later, the community sits nearly empty, with a dried-out pool, unfinished clubhouse and entrance road that appears to be sinking into the marshy wetlands.

The few homeowners still living in Riverbend found some solace Wednesday as Capano, 75, was sentenced in U.S. District Court in Wilmington to 21 months in federal prison, followed by a year of home confinement for crimes that contributed to the downfall of the development.

"I thought I would be there for the next 30 years, but now it looks really grim," said one homeowner, Calvin Mincey. "Because of that, he should have received more time."

Capano – a member of the prominent and notorious Delaware family of businessmen, developers and politicians – pleaded guilty in March to one count of bank fraud and one count of knowingly violating the Clean Water Act.

Raad more: http://www.delawareonline.com/story/news/crime/2016/08/31/capano-sentenced-fraud-wetlands-case/89581830/