All Articles

Former Nodus International Bank chief executive Tomás Niembro Concha has been sentenced to 112 months in federal prison after pleading guilty to a multimillion-dollar wire fraud conspiracy and a separate conspiracy to evade US sanctions involving Venezuela. Niembro, 64, a Spanish and Venezuelan national and former CEO of the Puerto Rico-based international bank, was also sentenced to three years of supervised release and ordered to forfeit more than $16.9 million. The forfeit