Niembro Concha was sentenced to 112 months after a guilty plea. That judgment is not a new charge.

A sentence after a guilty plea is the end of the trial phase on those counts, not a new accusation. On Monday, Sept. 21, 2026, Tomás Niembro Concha, 64, a Spanish and Venezuelan national and former chief executive of Nodus International Bank, was sentenced to 112 months in prison and three years of supervised release, and ordered to forfeit over $16.9 million, the Justice Department said. He pleaded guilty March 19 to a two-count information: conspiracy to commit wire fraud and conspiracy to violate the International Emergency Economic Powers Act. Forfeiture, as reported, is part of that judgment.

The Justice Department said Niembro led a scheme to fraudulently obtain at least $24.9 million from Nodus, a Puerto Rico international bank, and that the conduct led to the bank's failure in 2023. The forfeiture figure, over $16.9 million, is what the government said represents proceeds he derived from the wire-fraud conspiracy. A forfeiture order is part of the sentence as reported. It is not a new count, and it is not the same thing as cash already collected.

The second count is the sanctions conspiracy. The Justice Department described prohibited financial transactions involving a person designated for support to Venezuela's state oil company. That is the IEEPA theory he admitted. It is not a separate accusation filed on Monday. Assistant U.S. Attorney Felipe Plechac-Diaz for the Southern District of Florida is prosecuting the case with Criminal Division trial attorneys, and IRS Criminal Investigation investigated it.