SAN JOSE – A former Silicon Valley Bank executive will serve 15 months in prison for falsifying letters of reference to obtain a lighter sentence in a securities fraud case, federal prosecutors said.
Mounir Gad, the bank’s former vice president, was charged last year with six counts of identity theft, three counts of tampering with documents, three counts of tampering and one count of criminal contempt, according to the U.S. Attorney’s Office.
Prosecutors said the 36-year-old Los Gatos resident pleaded guilty to the charges in October. In doing so, he acknowledged he previously had been charged with – and pleaded guilty to – securities fraud violations in connection with