Navigation Links
Distributed by the Export-Import Bank of the United States On Behalf of the Independent Office of Inspector General
Date:12/10/2010

WASHINGTON, Dec. 10, 2010 /PRNewswire-USNewswire/ --  The Office of Inspector General for the Export-Import Bank of the United States (Ex-Im Bank OIG) announced today that Miami resident Yader A. Padilla, 59, was sentenced to 24 months in prison on December 3, 2010, by the Honorable U.S. District Judge Paul C. Huck in U.S. District Court for the Southern District of Florida.  He was sentenced for his role in defrauding the Ex-Im Bank.  Padilla had previously pled guilty on July 29, 2010 to a criminal information that charged him with conspiracy to commit wire fraud in a scheme to defraud the Ex-Im Bank of approximately $310,639.   

According to court documents and testimony at the plea hearing, from approximately May 2009 through January 2010, Padilla falsely represented his Miami, Florida pharmacy as an exporter of U.S. manufactured pharmaceutical products.  Instead of exporting the purported U.S. manufactured pharmaceutical products to South American buyers, Padilla and his co-conspirators misappropriated the money and utilized it for their personal gain.  Padilla's loans were obtained from a Florida bank and insured by Ex-Im Bank.  Padilla admitted that he and co-conspirators prepared and submitted to the Florida bank and the Ex-Im Bank false loan documents, including commercial invoices, packing lists and bills of lading which falsely reflected that Padilla purchased and shipped approximately $310,639 worth of pharmaceutical products to South American customers. 

Padilla was arrested in Miami on May 5, 2010, by special agents of the Ex-Im Bank OIG pursuant to the criminal investigation.  Padilla's arrest, conviction and sentencing are part of a larger, ongoing investigation by the Ex-Im OIG into allegations of fraud concerning Padilla and other co-conspirators.   In addition to his prison term, Padilla was ordered to serve 36 months supervised release after his confinement.  Padilla w
'/>"/>

SOURCE Export-Import Bank of the United States
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. Osteotechs MagniFuse(TM) Distributed to 68 U.S. Hospitals as Product Revenue Surpasses $1 Million
2. OTCBB-VHGI Announces LOI to Sell Certain Assets for $10 Million Cash/Stock to WNDM; With Stock Dividend to be Distributed to Shareholders in 2010
3. Colombian National Pleads Guilty to Role in Defrauding the Export-Import Bank of the United States of More Than $1 Million
4. United Seating & Mobility Reaches Agreement With Alliance Homecare Equipment to Acquire its Complex Mobility Business
5. United Seating & Mobility and Affiliates Reach Agreement with RehabTECH Inc. to Acquire 3 Branch Locations
6. BMEYE Receives FDA Clearance to Launch ccNexfin, the First Totally Noninvasive Cardiovascular Monitor With BP, CO, and Masimo Rainbow SET(R) Technology in the United States
7. United American Healthcare Corporation Announces Senior Management Appointments and Relocation to Chicago
8. Lilly Surpasses United Way 2010 Campaign Goal
9. ChemoCentryx Reports One-Year Results from PROTECT-1 Study Demonstrating Traficet-ENs Effectiveness in Treating Patients with Crohns Disease at the United European Gastroenterology Federation (UEGW) Meeting
10. United American Healthcare Corporation Names John M. Fife as Chairman of the Board
11. Hospira Launches Piperacillin and Tazobactam for Injection in the United States
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/6/2015)... Calif. , May 6, 2015 /PRNewswire/--  Apexigen, Inc. ... innovative antibody drugs for the treatment of cancer and ... as an Innovation Partner to present at the Cavendish ... to May 14 th in ... Forum is to help family offices and foundations develop ...
(Date:5/6/2015)... 2015 /PRNewswire/ -- Concord Medical Services Holdings Limited ("CCM" ... leading specialty hospital management solution provider and operator ... imaging centers in China , ... strategic development agreement with The University of Texas ... renowned cancer research, treatment and education center. CCM ...
(Date:5/6/2015)...  IGI Laboratories, Inc. (NYSE-MKT: IG), a New ... presenting today at the Deutsche Bank 40th Annual Health Care ... and 7 th at The InterContinental Hotel, ... , CEO and President and Jenniffer Collins , Chief ... 6, 2015, at 3:30 p.m. ET.   The presentation will ...
Breaking Medicine Technology:Apexigen Selected to Present at Cavendish Global Health Impact Forum 2Apexigen Selected to Present at Cavendish Global Health Impact Forum 3Concord Medical Services Signs Multi-year Strategic Collaboration Agreement with MD Anderson Cancer Center 2Concord Medical Services Signs Multi-year Strategic Collaboration Agreement with MD Anderson Cancer Center 3Concord Medical Services Signs Multi-year Strategic Collaboration Agreement with MD Anderson Cancer Center 4
(Date:5/6/2015)... May 06, 2015 MBLM , ... and technology, announced today that its founder and president, ... Shocase, a marketing professional network aimed at connecting marketers ... Widely regarded as a specialist in the corporate identity ... branding programs over the last three decades, including the ...
(Date:5/6/2015)... Established by the Arthritis Foundation, the month ... million Americans who suffer from arthritis. Many who battle ... their symptoms. Medicationdiscountcard.com is proud to offer a ... the costs of these necessary prescriptions. , Non-Steroidal Anti-Inflammatory ... pain and inflammation in the joints associated with arthritis. ...
(Date:5/6/2015)... York, NY (PRWEB) May 06, 2015 ... and long-standing organization dedicated to activating and celebrating ... its Champion organization, Highmark Health, as an Outstanding ... partnership with the Jefferson Awards Foundation, are dedicated ... communities. For nearly a decade, Highmark Health has ...
(Date:5/6/2015)... 2015 Stout Industries is owned ... Paso and Austin, Texas fire departments. Stout Industries recently developed ... three main components to these fire safety devices. The ... the power is turned on. They light the area within ... what is on the roof, preventing leg and ankle injuries. ...
(Date:5/6/2015)... Launch Corporation, LLC. is pleased to announce that Launch ... 17 Tanguay Avenue. Owned and operated by Rick Arnold and ... in New England. , “We are extremely excited for Rick ... co-owner and CEO of Launch. “They have established great roots ... them continue to establish that positive growth in the greater ...
Breaking Medicine News(10 mins):Health News:Shocase Selects MBLM’s Claude Salzberger as Company Advisor 2Health News:Medicationdiscountcard.com Provides Access to Drug Coupons for Arthritis Awareness Month 2Health News:Medicationdiscountcard.com Provides Access to Drug Coupons for Arthritis Awareness Month 3Health News:The Jefferson Awards Foundation Honors Highmark Health 2Health News:The Jefferson Awards Foundation Honors Highmark Health 3Health News:The Jefferson Awards Foundation Honors Highmark Health 4Health News:Kickstarter for FIRE Lights, the New Fire Safety Devices 2Health News:Jump Up and Celebrate: Launch Trampoline Park Opens in Nashua, NH 2
... Many of the side effects from chemotherapy are well ... there is another one that has split the medical ... cognitive deficits or "chemo fog" and pharmacologist Ellen Walker ... finds the cause. , Walker, a PhD and associate ...
... reduces the breast cancer risk of women. However, it had ... which period in life in order to benefit from this ... of breast cancer is influenced by physical activity. , ... of the MARIE study, in which 3,464 breast cancer patients ...
... Indianapolis-based firm that,improves organizational success through human ... in Detroit, Michigan, have,finalized an agreement to ... basis of,the new Adayana Healthcare Group. , ... Gradepoint develops enterprise learning programs,through four unique ...
... Group announced today that in the year just ... with local employers reached more than 70,000 employees ... healthcare costs as America confronts such growing problems ... the same time, hospitals partnering with Aegis reported ...
... Larger Tip Enables Physicians to Perform Thermage Body Area ... Calif., Jan. 15 Solta Medical, Inc. (Nasdaq: ... new Body Tip 16.0 for the Thermage NXT system ... treatments. With five times the surface area coverage of ...
... Health survey of spouses reveals little exercise, a wish for weight ... ST. LOUIS, Jan. 15 A recent ... own health and that of their spouses, may not sync up ... (NYSE: ENR ), more than seven out of ten ...
Cached Medicine News:Health News:Clearing the 'fog' 2Health News:Clearing the 'fog' 3Health News:Reduced breast cancer risk: Physical activity after menopause pays off 2Health News:Adayana, Inc. Acquires Gradepoint, a Detroit-Based Enterprise Learning Company 2Health News:Hospital-Employer Partnerships Growing as Employers Seek Ways to Improve Health and Manage Dollars in Tough Economic Times 2Health News:Video: Solta Medical Introduces Advanced Thermage Body Tip 16.0 for Faster Body Shaping and Contouring Treatments 2Health News:Video: Solta Medical Introduces Advanced Thermage Body Tip 16.0 for Faster Body Shaping and Contouring Treatments 3Health News:He Said, She Said: Boomers Rate Their Spouses' Health 2Health News:He Said, She Said: Boomers Rate Their Spouses' Health 3Health News:He Said, She Said: Boomers Rate Their Spouses' Health 4
... functions over a wide range of ... delivering more thorough characterization than other ... the relative change in the distribution ... way to measure heterogeneity, stoichiometry and ...
Intended for the quantitative determination of triglycerides in serum or plasma. Reaction: endpoint. Wavelength: 520 nm. Linearity: 1000 mg/dL (11.3 mmol/L). Single vial, dry powder reagent....
Alkaline phosphatase FS (DGKC new; 37C). For determination of alkaline phosphatase (ALP) in serum or plasma. For Hitachi 717. Controls: Trulab N and Trulab P....
For the quantitative determination of alkaline phosphatase in human serum....
Medicine Products: