trending Market Intelligence /marketintelligence/en/news-insights/trending/iv2q4361oyis1kjvngo8ga2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Former Girobank director arrested on embezzlement charges

Lithium Sector - Production and Supply Outlook

Connected Car Connectivity Growing As Cars Get Smarter

State Of Indonesian Online Video: Subscription

Virtual Multichannel Revenues Projected To Soar In Next Five Years


Former Girobank director arrested on embezzlement charges

Eric Garcia, a former director of Curaçao-based , was arrested on charges thathe embezzled over $10 million, the CuraçaoChronicle reported July 20.

Garcia's house and office reportedly were searched followinghis arrest.

The arrest comes weeks after Girobank filed a complaint againstboth Garcia and fellow former director Stephen Capella in late June, claiming thatboth failed to act in accordance with bank guidelines. Both have been accused offraud and embezzlement.

Allegedly, Garcia and Capella embezzled the money from Girobankby creating a $7.3 million loan that was funneled to companies controlled by thedirectors; they also reportedly made an improper $3 million transaction.