NEW YORK — The former treasurer of Puerto Rico's Doral Financial Corp. was convicted on charges he misrepresented to investors the potential impact rising interest rates would have on revenue the company received from mortgage loans sold to other lenders.

In its second day of deliberations, a jury found Mario "Sammy" Levis guilty of securities fraud and two counts of wire fraud. He was acquitted of one count of wire fraud. He faces up to 20 years in prison on each fraud charge.

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