BANKING

Robert Dupre Sentenced to Prison: The former Newport Beach developer was sentenced in federal court in New Orleans to 70 months in prison and fined $500,000 for fraud and conspiracy convictions stemming from a scheme to obtain $85 million in bogus loans from Louisiana’s once-largest thrift. U.S. Atty. Eddie J. Jordan said Houston developer W. Harold Sellers was sentenced to more than six years in prison and fined $2 million for his role in the scheme. Jordan said Sellers, Dupre and San Juan Capistrano businessman Michael Barrack--who pleaded guilty before the trial--kept about $7 million of the loans they obtained, most it from the Oak Tree Savings Bank in New Orleans, which was seized by regulators in 1991.