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Latin Times
Latin Times
Politics
Miguel Paiva

Bank Chairman Who Secretly Drained $23.6 Million From Depositors Gets 62 Months in Federal Prison

The Wilkie D. Ferguson Jr. United States Courthouse in Miami, Florida. Juan Francisco Ramirez, board chairman and co-owner of Nodus International Bank, was sentenced to 62 months in federal prison at this location on October 7, 2026, for his role in a $23.6 million wire fraud conspiracy that led to the bank's collapse. (Credit: Photo by Joe Raedle/Getty Images June 7, 2023.)

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