By Stewart Bishop (April 20, 2022, 8:34 PM EDT) — One of the operators of defunct Miami investment firm Biscayne Capital on Wednesday admitted to his role in a scheme to defraud investors out of more than $155 million, in a case with ties to other actions over bribes paid to officials of Petroecuador and litigation against Deutsche Bank.
Ernesto Heraclito Weisson Pazmino, 54, of Miami, pled guilty during an early evening hearing to one count of wire fraud conspiracy before U.S. Magistrate Judge Sanket Bulsara in Brooklyn.
Prosecutors in September accused Weisson and two other Biscayne Capital principals, Roberto Gustavo Cortes Ripalda and Fernando Haberer Bergson, of running a Ponzi…
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