Aubrey Norton and Martina Seepersaud, who were agents/marketers in the alleged Ponzi Scheme operated by Cuban national Yuri Garcia Dominguez and his Guyanese wife Ateeka Ishmael, have been charged.
Norton and Seepersaud had reportedly accrued millions of dollars through this illegal scheme and they used the said criminal proceed to purchase properties.
It is alleged that on June 8, 2020, at Coldingen, East Coast Demerara, they entered into an agreement of sale and purchase with vendors to purchase property situated at Lot 36 First Street, Montrose, East Coast Demerara for the sum of $60M.
They transferred the sum of $50M in cash as a down payment with a balance of $10M on the passing of the transport.
Norton and Seepersaud also allegedly transferred the sum of $53M to vendors, being part payment for the purchase of property, being Block XIV Parcel 86 Fourth Street, La Bonne Intention, East Coast Demerara.
Norton and Seepersaud are accused of transferring the said sums, knowing or having reasons to believe that the said sums are the proceed of crime as they had no legitimate source of income that could have generated the funds acquired to enable them to purchase these properties.
They were charged with the offences of Money Laundering, contrary to Section 3 (1) (a) of the Anti-Money Laundering and Countering the Financing of Terrorism Act. Chapter 10:11.
Norton and Seepersaud appeared at the Vigilance Magistrate’s Court where the first charge was read to them. They were not required to plea and were placed on $300,000 bail each with the condition that they lodge their respective passport and report every Friday to SOCU.
The matter was adjourned to July 8.
The duo then appeared at the Sparendaam Magistrate’s Court where the second charge was read. They were not required plea and were placed on $200,000 bail each. The matter was adjourned July 22.