Federal Reserve Board issues enforcement action with former employee of Banco



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August 27, 2026

Federal Reserve Board issues enforcement action with former employee of Banco Popular de Puerto Rico

For release at 11:00 a.m. EDT

The Federal Reserve Board on Thursday announced the execution of the following enforcement actions listed below:

Consent prohibition order against Gadiel Rosario-Alvarado
Former employee of Banco Popular de Puerto Rico, San Juan, Puerto Rico
Misappropriation of customer funds

Additional enforcement actions can be searched for here.

For media inquiries, please email [email protected] or call 202-452-2955.

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Last Update: August 27, 2026