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prima:Banker who operated in Puerto Rico sentenced to more than nine years in prison

The businessman led a scheme to fraudulently obtain at least $24.9 million from the institution and evade U.S. sanctions against Venezuela

September 22, 2026 - 4:14 PM

Federal authorities ordered the banker to forfeit more than $16.9 million, an amount representing the value of the proceeds he obtained as a result of the conspiracy to commit wire fraud. (Tom Brenner)

The chief executive officer (CEO) of Nodus International Bank, an international bank that operated in Puerto Rico, was sentenced to more than nine years in prison for a conspiracy involving fraud and a scheme to evade sanctions related to Venezuela, the U.S. Department of Justice.

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