At Friday's hearing, Chinea sought forgiveness from "all of the committed and loyal employees for my actions in this matter, which I deeply regret." DeMeneses sought leniency, saying he regretted his actions.
Before charging Chinea and DeMeneses in April 2014, prosecutors secured guilty pleas and cooperation agreements from Gonzalez and three Direct Access employees, Jose Alejandro Hurtado, Ernesto Lujan and Tomas Alberto Clarke Bethancourt.
Those four people have yet to be sentenced. A related SEC civil lawsuit, which alleges a broader scheme involving a second bank, also remains pending.
The case is U.S. v. Chinea, U.S. District Court, Southern District of New York, No. 14-cr-00240.