A former banker pleaded guilty to fraud.

Antonio Gebauer, a senior vice president at Morgan Guaranty Trust from 1981 to 1985, was charged with bank fraud for misappropriating $4.3 million from Brazilian depositors’ accounts. He also pleaded guilty to tax evasion for not reporting as income more than $3.4 million, a portion of the money received in the bank fraud scheme. Gebauer, 46, of Manhattan, pleaded guilty before U.S. District Judge Robert Sweet to one count each of bank fraud and income tax evasion and two counts of making false bank statements in a plea agreement with federal prosecutors.