Ponzi scheme accused released on $200,000 bail for falsifying COVID-19 test results
The wife of Cuban National Yuri Garcia, who is before the court on a series of fraud charges in relation to an alleged Ponzi scheme, was on Friday released on $200,000 bail for falsifying her COVID-19 test results.
Ateeka Ishmael appeared before City Magistrate Leron Daly and denied that on July 27, at Georgetown, she conspired with persons known and unknown to forge a COVID-19 test to show that she was positive.
The woman was represented by attorney-at-law Darren Wade, who made an application for reasonable bail. The Magistrate released Ishmael on $200,000 bail and adjourned the matter until September 10.
Ishmael and her husband are currently before the Sparendaam and Cove and John Magistrates Courts for a series of fraud charges. Earlier this month the police had filed an additional 60 new charges against the couple at the Sparendaam Court.
The couple’s then attorney, Dexter Todd had submitted the court medical documents that his clients had tested positive for COVID-19. The case was adjourned until September 9.
The police had conducted investigations into the authenticity of the medical documents, which later proved that the documents were fake.
Dominguez had said previously, through his attorney, that he intends to refund some $100 million to over 3,000 investors, whose investments he was ‘managing’ in a forex trading account.
According to the Guyana Police Force, Dominguez and his wife solicited millions of dollars from hundreds of unsuspecting Guyanese, who were enticed by extraordinary returns of approximately 40 per cent. Investors were also encouraged to enlist additional investors on a 10 per cent commission basis.
The company was charged for operating without a license from the Guyana Securities Council and running a pyramid scheme and a Ponzi scheme; the couple is currently before the courts with over 100 charges of fraud.