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Local August 15, 2013 | 12:15 pm

Convict in Dominican Republic’s biggest bank fraud gets probation

San Cristobal, Dominican Republic.- Former banker Ramon Baez Figueroa obtained his release on probation Thursday, on a ruling by a San Cristobal province (south) judge.

Báez was serving a 10 year prison sentence and was fined more than RD$63.0 million, for his role in the fraud which led to the collapse of the Baninter bank in 2003.

San Cristobal Sentencing judge Willy de Jesu... Read more