Peravia bank fraud: 17 Dominicans, foreigners indicted

Santo Domingo.- Dominican Republic’s financial authorities have asked the prosecution to file criminal charges and request trial against 17 Dominicans and foreigners accused of an alleged fraud of over RD$1.4 billion against the failed Peravia bank.

The Central Bank and the Banks Superintendence on Friday asked National District prosecutor Yeni Berenice Reynoso to seek 20-year prison sentences, RD$2.5 million fines for each and RD$2.5 billion in damages against Nelson Serret Sugrañez, José Luis Santoro Castellano, Gabriel Jiménez Aray, Carlos Serret Sugrañez, Jorge Serret Sugrañez, Daniel Morales Santoro, Luis Manuel Peña Melo, Melvio Alexis Coiscou Castro, Milcio Pedro Santana and Mirian Serret.

It requests the same charges against Altagracia Muñoz Martínez, Yesenia Serret Aponte, Yocelyn Leal Morató, Evelyn Serret, Luis Herrera Valerio, Nelson Cabral Veras and Rolando Cabral Veras.

The financial and monetary agencies asks that the group face a criminal trial leading to a conviction.