Ex-NY Bank Exec Pleads Guilty In TARP Fraud Case

Law360, New York (October 8, 2010, 5:58 PM EDT) -- The former head of a New York bank has admitted to attempting to defraud the Troubled Asset Relief Program and to a raft of other crimes, including embezzlement, bribery and participation in a $37.5 million scheme involving an Oklahoma insurance company.

Former president and CEO of Park Avenue Bank Charles Antonucci Sr. pled guilty on Friday in the U.S. District Court for the Southern District of New York to charges including securities fraud, self-dealing, bank bribery and embezzlement of bank funds.

All told, the crimes warranted...
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Case Information

Case Title

USA v. Someda et al

Case Number




Nature of Suit



Date Filed

December 29, 2010

Government Agencies

UK Financial Services

UK Financial Services

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