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Former Executive of Ocean Bank Pleads Guilty

January 26, 2012
Total Loss: $500,000

A former executive of Miami-based Ocean Bank pleaded guilty today in U.S. District Court in Miami to participating in a scheme to accept bribes and to failing to report the income on federal income tax returns, the Department of Justice announced.

Danilo P. Perez, a former vice president of Ocean Bank, pleaded guilty today to felony charges filed on Jan. 18, 2012, in U.S. District Court in Miami. The charges against Perez stem from his accepting nearly $500,000 in cash and other items from unnamed co-conspirators in connection with his supervision of certain unnamed customer business with the bank.

According to court documents, as vice president, Perez ...

Source: USDOJ
Posted in: Internal Fraud