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

1:10-cr-00922

Court

Hawaii

Nature of Suit

Judge

HELEN GILLMOR

Date Filed

December 29, 2010

Government Agencies

UK Financial Services

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