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Fernando Scherrer, head of BDO Puerto Rico/USVI appeared in federal court in Puerto Rico on Tuesday to finalize bail procedures as part of a group of six people arrested on July 10 for their roles in a wide-reaching corruption scandal on the island. Mr. Scherrer, who resigned from BDO last Wednesday as president/managing director, faces six criminal charges for electronic fraud, conspiracy to steal, and conspiracy to launder money.
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