Navigation Links
Colombian National Pleads Guilty to Role in Defrauding the Export-Import Bank of the United States of More Than $1 Million
Date:11/23/2009

WASHINGTON, Nov. 23 /PRNewswire-USNewswire/ -- Febe Durango-Rueda, 52, a Colombian national, pleaded guilty on Nov. 20, 2009, to participating in a scheme to defraud the Export-Import Bank of the United States (Ex-Im Bank) of more than $1 million, announced Assistant Attorney General of the Criminal Division Lanny A. Breuer and Acting Inspector General Osvaldo L. Gratacos of the Ex-Im Bank, Office of the Inspector General.

Durango pleaded guilty before Judge Richard W. Roberts in U.S. District Court in Washington to a one-count criminal information charging her with conspiracy to defraud the Ex-Im Bank and to commit mail fraud. Durango was arrested by special agents of the Ex-Im Bank Office of the Inspector General on May 4, 2009, at Miami International Airport while attempting to enter the United States. According to the court document, the Ex-Im Bank is an independent U.S. agency that assists in the export of U.S. goods and services to companies overseas, in part through guaranteeing loans to foreign purchasers of U.S. goods.

According to plea documents, Durango was the president of Droservicios Ltda., a Colombian medical services company. Durango admitted that she and others falsified financial statements that Droservicios submitted to the Ex-Im Bank in support of a loan guarantee for a deal worth more than $1.3 million.

Specifically, Durango and others applied for an Ex-Im Bank loan guarantee that purported to be for the purpose of increasing Droservicios' leasing services of specialized medical equipment to public health institutions. According to the application, the specialized medical equipment was to include a CT scanner and mammography unit as well as other medical imaging equipment. Durango admitted that she and others then shipped medical equipment of a much lesser value than the specialized medical equipment that was the basis for the Ex-Im Bank guaranteed loan and fabricated invoices to fraudulently reflect that the specialized medical equipment was purchased and shipped. Durango admitted that she and others shared the difference in the loan amount and the purchase price of the less valuable medical equipment that was actually purchased and shipped. According to court documents, Durango and others then allowed the loan to default, triggering the Ex-Im Bank's obligation to cover the debt. The Ex-Im Bank, without knowing of the fraud committed by Durango and others, paid more than $1.3 million to satisfy the guarantee.

Durango is scheduled to be sentenced on Feb. 4, 2010, and faces a maximum sentence of five years in prison and a $250,000 fine. According to the plea, Durango has agreed to pay $139,064 in forfeiture and make full restitution in the amount of $1,332,081.

The scheme was initially discovered by Ex-Im Bank staff in October 2006 and referred to the Ex-Im Bank Office of Inspector General in 2007 for further investigation. The case is being prosecuted by Trial Attorneys Nicole H. Sprinzen and Brigham Cannon of the Criminal Division's Fraud Section. The case is being investigated by the Ex-Im Bank, Office of Inspector General and the U.S. Postal Inspection Service.

SOURCE U.S. Department of Justice


'/>"/>
Copyright©2009 PR Newswire.
All rights reserved

Related medicine technology :

1. National System Aims To Minimize Diversion of Cold and Allergy Medicine in Methamphetamine Production
2. International Operation Combats Online Supply of Counterfeit and Illegal Medicines
3. Lexington International, LLC Receives 2009 U.S. Presidents E Award Recognizing its Export Achievements
4. Varian Medical Systems to Showcase the Latest X-Ray Image Detectors and X-Ray Tubes at the MEDICA 2009 International Trade Fair
5. 2009 H1N1 Flu Test From Quest Diagnostics Now CE Marked For International Distribution Under The Simplexa(TM) Brand Name
6. Sentara Cancer Network Earns National Accreditation
7. DAVISCO Foods International, Inc. and MEGGLE Group Announce a Joint Venture for the Production of Pharmaceutical Lactose.
8. Paloma Pharmaceuticals Presents at the AACR-NCI-EORTC International Conference Molecular Targets and Cancer Therapeutics
9. National Expressions of Courage Art Contest Unveils Stories of Inspiration
10. Chindex International Announces Participation in Brean Murray, Carret & Co. 2009 China Growth Conference
11. New Database from ANSI, AAMI, ASTM International, and DIN Provides Centralized Source of Information for Medical Device Professionals
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/7/2017)... 6, 2017   Provista, a proven leader ... billion in purchasing power, today announced a new resource ... The Newsroom is the online home for case ... expert bios, news releases, slideshows and events. ... wealth of resources at their fingertips, viewers can also ...
(Date:10/4/2017)... 2017 OBP Medical , a ... devices, today announced regulatory approval from ... Agência Nacional de Vigilância Sanitária (ANVISA)) to market ... retractor with integrated LED light source and smoke ... exposure of a tissue pocket or cavity during ...
(Date:10/2/2017)... Halo Labs announces the European launch of their new ... at MIBio 2017 in Cambridge, U.K on ... in biopharmaceutical samples with unprecedented speed and sensitivity while using far ... Membrane Imaging. ... particle analysis system ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The ... the most popular and least understood books in the Holy Scriptures, Revelation. The Book ... have baffled scholars for centuries. Many have tossed it off as mere rubbish, but ...
(Date:10/13/2017)... ... ... “America On The Brink”: the Christian history of the United States and the loss ... author, William Nowers. Captain Nowers and his wife, Millie, have six children, ten ... the Navy. Following his career as a naval aviator and carrier pilot, he ...
(Date:10/12/2017)... ... 2017 , ... The company has developed a suite of ... authorities worldwide. From Children’s to Adults 50+, every formula has been developed by ... , These products are also: Gluten Free, Non-GMO, Vegan, Soy Free, Non-Dairy*, Preservative ...
(Date:10/12/2017)... ... October 12, 2017 , ... Information about the technology: ... develop to enable prevention of a major side effect of chemotherapy in children. ... pediatric patients. For cisplatin, hearing loss is FDA listed on-label as a dose ...
(Date:10/12/2017)... ... October 12, 2017 , ... On Saturday, October 21, the ... – Miles by Moonlight to raise money for the American Heart Association Heart Walk. ... , Teams will work together to keep their treadmills moving for 5 hours. Treadmills ...
Breaking Medicine News(10 mins):