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 forfeit over $16.9 million, which represents the value of the proceeds he derived from the wire fraud conspiracy.
Read the original at the source: https://www.justice.gov/opa/pr/former-bank-ceo-sentenced-over-9-years-prison-multimillion-dollar-wire-fraud-conspiracy-and
Officially imported this from DOJ Criminal Division’s own source. If you work there, claiming the profile and verifying the domain lets you choose to show the full text here.
Provenance
- Organization
- DOJ Criminal Division — imported from official source
- Official source
- https://www.justice.gov/news/rss?type=press_release&field_component=451 RSS
- Imported
- October 03, 2026 20:42
- Versions
- 1 recorded
- Identity
-
https://www.justice.gov/opa/pr/former-bank-ceo-sentenced-over-9-years-prison-multimilli...