2006News

Huge numbers in fraud cases

The numbers are so vast that most people cannot comprehend them. RD$95.5 billion. A sum of money so large that if RD$500 bills were laid end to end they would stretch for nearly two thousand miles. This is the sum of money the Santo Domingo and the National District courts are dealing with in the cases of the four banks accused of fraud: Baninter-RD$55 billion; Mercantil – RD$6.5 billion; Bancredito – RD$20 billion and Progreso – RD$14 billion. The Baninter case reopens in the courts today.