Bancredito judgments

[NewsWhore]

Judges have sentenced executives from the collapsed bank Bancredito Arturo Pellerano and Juan Felipe Mendoza to eight years in jail and imposed a RD$2.5 million fine for defrauding clients to the tune of RD$20 billion. The pair had originally been sentenced to three years in jail after a 2006 ruling. This sentence follows an earlier one for 10-year prison sentences for executives of another collapsed bank, Baninter.

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