Juan Francisco Ramirez, 60, of Miami, Florida, United States is the chairman of the board of Nodus International Bank, an international banking entity based in San Juan, Puerto Rico, USA. The bank provides nodus token, online banking, tariff and transfer services to businesses and individuals.
The Office of the Commissioner of Financial Institutions of Puerto Rico (OCIF) is Nodus International Bank’s regulator. Ramirez and a co-conspirator are accused of siphoning money from the bank and concealing from the OCIF and other board members and executives of the bank that certain investments or loans were for their benefit.
Juan Francisco Ramirez
From 2017 to 2023, Ramirez conspired with others to invest more than $11 million of the funds of Nodus International Bank in a lender based in Miami so that it could loan those funds to him and a co-conspirator for their own benefit. Aware that these transactions were illegal, the conspirators had the bank make sham investments in the lending entity in an attempt to conceal their crimes.
Between January 2018 and September 2021, Nodus International Bank’s board and comptroller were induced by Ramirez and a co-conspirator to facilitate the purchase of at least 47 promissory notes, which are worth around $25.3 million, from a finance company based in Miami. The two conspirators jointly owned the company.
On September 22, 2025, Ramirez pleaded guilty for his role in leading a scheme to fraudulently obtain more than $13.6 million from Nodus International Bank, the U.S. Department of Justice announced. Matthew R. Galeotti is an acting assistant attorney of the department’s criminal division.
Galeotti stated that Ramirez abused his position as chairman of the board of directors of Nodus International Bank to fraudulently divert funds from the bank that he had been entrusted to run, resulting in the bank’s collapse. The U.S. Department of Justice’s criminal division is “committed to investigating and prosecuting white-collar fraudsters, no matter how lofty their position, to ensure their crimes do not pay”, Galeotti added.
CONAN Daily 