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Guilty plea in La Jolla bank bribery scheme

2015-09-27 04:37:53| Biotech - Topix.net

Amalia Martinez, 51, of San Diego, pleaded guilty Friday to conspiracy to misapply bank funds, the U.S. Attorney's Office said in a statement. In a plea agreement, Martinez acknowledged that she and other executives took cash bribes and kickbacks in exchange for giving loans to borrowers who were not likely to be able to repay them.

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