Florida Resident Sentenced in Scheme to Defraud the U.S. Export-Import Bank of Approximately $1 Million

WASHINGTON, July 11, 2011 /PRNewswire-USNewswire/ -- The Office of Inspector General (OIG) for the Export-Import Bank of the United States (Ex-Im Bank) announced today that on June 27, 2011, Jose L. Quijano of Aventura, Fla., was sentenced to 46 months in prison for his role in a scheme to defraud Ex-Im Bank of nearly $1 million. The sentencing caps ongoing investigative efforts by the Ex-Im Bank OIG to investigate fraudulent loans and exports to borrowers in South America and elsewhere.

Quijano, 43, was sentenced in absentia by Judge Adalberto J. Jordan in U.S. District Court in Miami to an additional 36 months of supervised release and was ordered to pay $956,251 in restitution. Quijano pleaded guilty on February 9, 2011, to a criminal information that charged him with conspiracy to commit wire fraud in connection with a scheme to defraud Ex-Im Bank of approximately $956,000. Quijano fled from pre-trial release on June 7, 2011 and is currently a fugitive.

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