A PYMNTS Company

37-month prison sentence for Ocean Bank VP who accepted bribes

By  |  April 4, 2012

Danilo P. Perez, a former vice president of Ocean Bank, was sentenced by U.S. District Judge Donald L. Graham to 37 months in prison for his role in a bribery scheme. Perez had pleaded on January 25, 2012 to conspiracy to accept bribes in exchange for approving Ocean Bank’s letters of credit, loans, and overdraft privileges.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full content: DOJ Press Release

     

    Related content: Antitrust Sanctions (Douglas Ginsburg, NYU Law School, U.S. Court of Appeals for the DC Circuit & Joshua Wright, George Mason University School of Law, Charles River Associates)