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CPA in Bank of Commonwealth case barred from practice for two years

By Jared Council
jared.council@insidebiz.com

A Richmond certified public accountant who received federal sanctions last year related to the now-defunct Bank of the Commonwealth could face additional disciplinary action from a state regulatory body.

James Vincent Poti, a partner with Richmond-based PBMares, was barred from practicing before the U.S. Securities and Exchange Commission for two years starting last December, according to recently obtained SEC filings.

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