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.
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)
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI