FOR IMMEDIATE RELEASE

Wednesday, May 29, 2019

Bank CEO Arrested For Taking Bribes In Connection With Loans Guaranteed By The Small Business Administration

https://www.justice.gov/usao-sdny/pr/bank-ceo-arrested-taking-bribes-connection-loans-guaranteed-small-business

from yesterday..

This conviction marks the first time the United States targeted a company and convicted its chief executive for knowingly providing transnational criminal organizations with the encrypted infrastructure to conduct the international importation and distribution of narcotics.

https://www.justice.gov/usao-sdca/pr/chief-executive-communications-company-sentenced-prison-providing-encryption-services