United States v. Raul Enrique Penagaricano-Soler

CYR, Circuit Judge.

Following a five-week jury trial, defendant Raúl Enrique Pefiagaricano-Soler, founder and president of Caribbean Federal Savings Bank (“Bank”), was convicted of thirty-two felony offenses stemming from the Bank’s failure to report currency transactions as required by law. We affirm the judgment of conviction, but remand to the district court for further sentencing proceedings.

I

BACKGROUND

The evidence established, beyond reasonable doubt, that the defendant, over the course of nearly three years (October 28, 1982 through June 6, 1985), conspired with a Bank manager, Alejandro…