Former Bank CEO Sentenced to Over 9 Years in Prison for Multimillion-Dollar Wire Fraud Conspiracy and Venezuela Sanctions Evasion Scheme
Tomás Niembro Concha, 64, a Spanish and Venezuelan national, the former chief executive officer of Nodus International Bank (Nodus Bank), a Puerto Rican international bank, was sentenced to 112 months in prison and three years of supervised release. Niembro led a scheme to fraudulently obtain at least $24.9 million from Nodus Bank and conspired to evade U.S. sanctions against Venezuela. Niembro was ordered to...
What happened
Tomás Niembro Concha, 64, a Spanish and Venezuelan national, the former chief executive officer of Nodus International Bank (Nodus Bank), a Puerto Rican international bank, was sentenced to 112 months in prison and three years of supervised release. Niembro led a scheme to fraudulently obtain at least $24.9 million from Nodus Bank and conspired to evade U.S. sanctions against Venezuela. Niembro was ordered to...
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1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Former Bank CEO Sentenced to Over 9 Years in Prison for Multimillion-Dollar Wire Fraud Conspiracy and Venezuela Sanctions Evasion Scheme ↗
Claims
- Former Bank CEO Sentenced to Over 9 Years in Prison for Multimillion-Dollar Wire Fraud Conspiracy and Venezuela Sanctions Evasion Scheme Observed
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Timeline
- First reported
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