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Former Nodus Bank chief pleads guilty in US to sanctions violations, fraud

By Samuel Rubenfeld ( March 20, 2026, 17:04 GMT | Insight) -- The former chief executive of Nodus International Bank pleaded guilty in US court to leading a scheme to fraudulently obtain nearly $25 million from the Puerto Rican lender and to violate sanctions on Venezuela. The plea comes about six months after the chairman of the bank's board pleaded guilty to his role in the fraud scheme.The former chief executive of Nodus International Bank pleaded guilty in US court to leading a scheme to fraudulently obtain nearly $25 million from the Puerto Rican lender and to violate sanctions on Venezuela....

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