United States v. Jose F. Blasini-Lluberas

LIPEZ, Circuit Judge.

On April 5, 1995, a federal grand jury returned a multiple count indictment against defendant Jose Blasini-Lluberas (“Blasini”), a former executive vice president of Ponce Federal Bank, 1 and his co-defendant, Ramiro Colón-Muñoz (“Colón”), president of the bank. The indictment charged both defendants with five counts of misapplication of bank funds under 18 U.S.C. § 657, one count of bank fraud under 18 U.S.C. § 1344, one count of false entry under 18 U.S.C. § 1006, one count of benefitting, directly or indirectly, from the loan transactions in question under 18 U.S.C. §…