( October 7, 2026, 22:35 GMT | Official Statement) -- MLex Summary: Juan Francisco Ramirez, the former board chairman and co-owner of Nodus International Bank, a Puerto Rican lender, was sentenced to 62 months in prison, three years of supervised release and to forfeit of about $13.6 million, which represents the value of the proceeds he derived from the wire fraud conspiracy. Statement follows below:...
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