Ex-bank chairman gets 62 months for $23.6 million fraud
The former board chairman and co-owner of Nodus International Bank, a Puerto Rican international banking entity, was sentenced to 62 months in federal prison for a wire fraud conspiracy that cost the bank more than $23.6 million, the Justice Department announced.
TL;DR
- Former board chairman and co-owner of Nodus International Bank sentenced.
- Sentenced to 62 months in federal prison.
- Convicted of wire fraud conspiracy.
- The fraud cost the bank over $23.6 million.