Dominican military ‘linked’ to US$22.0M bank fraud

Santo Domingo.- National District prosecutor Yeni Berenice Reynoso on Tuesday called for international cooperation in the Banco Peravia bank US$22.0 million fraud case and revealed that several military officials are being investigated for alleged links.

She said several types of request have been made for international cooperation and that assets have been seized. She also said several accounts of the bank’s executives have been frozen.

Reynoso said she has yet to receive the audits from the Banks Superintendence.

"The prosecution has begun a process of judicial confiscation of property belonging to Peravia bank executives. Various assets, including real estate properties, an aircraft among others …we have seized,” the official said.