Former President of the Park Avenue Bank Pleads Guilty in Manhattan Federal Court to Fraud on the TARP, Securities Fraud, Self-Dealing, Bank Bribery, and Embezzlement of Bank Funds
Charles Antonucci is First Defendant Ever Convicted of Fraud Against The Troubled Asset Relief Program PREET BHARARA, the United States Attorney for the Southern District of New York, NEIL M. BAROFSKY, the Special Inspector General for the Troubled Asset Relief Program ("SIGTARP"), RICHARD H. NEIMAN, the Superintendent of the Banks of New York ("NYSBD"), JAMES T. HAYES, JR., the Special Agent-in- Charge of the New York Office of Homeland Security Investigations ("HSI"), JANICE K. FEDARCYK, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation ("FBI"), and JON T. RYMER, Inspector General of the Federal Deposit Insurance Corporation ("FDIC-OIG"), announced today that CHARLES J. ANTONUCCI, SR., the former President and Chief Executive Officer of The Park Avenue Bank, pled guilty in Manhattan federal court to multiple criminal charges. The charges to which ANTONUCCI pled include securities fraud re...