The former president of New York’s small Park Avenue Bank was arrested on fraud charges, one of the first such cases involving a TARP recipient. The bank was shut Friday.Charles J. Antonucci Sr., the former president and chief executive of the Park Avenue Bank of New York, made fake statements to regulators in an effort to obtain about $11 million from the U.S.
Posts Tagged ‘Park Avenue Bank’
Bank Chief Accused of TARP Fraud
March 16th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Antonucci, Bank Bailout, Bank Chief, Bank Fraud, Bank Of New York, Chief Executive, Economic Meltdown, False Statements, First Person, Former President, Fraud Charges, Hps, Park Avenue Bank, Prosecutors, Recipient, Regulators, Verge, Wsj 
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