Pedro Delgado was sentenced to eight years in prison for embezzlement

Pedro Delgado, former president of the Central Bank of Ecuador, and cousin of president Rafael Correa, was sentenced to eight years in prison for embezzlement of public funds, due to the illicit delivery of a loan for $ 800,000 to the Argentine citizen Gaston Duzac in 2011. Five...

Filanbanco Isaías brothers allege that embezzlement does not exist in current Penal Code

The defense of William and Roberto Isaias brothers, former owners of Filanbanco; and John Franco Porras, its Former Manager, presented to the Criminal Chamber of the National Court of Justice a file request for the proceedings against them, arguing that the crime for which they...

57% of cases in the Prosecution are for embezzlement

Of the 1,293 reports that reached to the Prosecution in the last six months, 57% (737 cases), correspond to investigation for alleged embezzlement. This was determined by the General Comptroller of the State. In addition, the statistics indicate that the Prosecution manages 491...

Alleged embezzlement in judicial deposits

By their alleged authorship in an offence of embezzlement, seven former executives of the Banco Nacional de Fomento (BNF), Guayaquil branch, face an appeal to trial with pre-trial detention order. Such crime would have affected by nearly a million dollars to various courts of the...