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Home » Chairman of the board of Puerto Rican bank pleads guilty to multimillion-dollar wire fraud conspiracy that led to bank’s collapse

Chairman of the board of Puerto Rican bank pleads guilty to multimillion-dollar wire fraud conspiracy that led to bank’s collapse

Sept. 24, 2025 — The chairman of the board of Nodus International Bank (Nodus), a Puerto Rican international banking entity, pleaded guilty today for his role in leading a scheme to fraudulently obtain more than $13.6 million from Nodus, which ultimately led to the bank’s failure in 2023.  Read More