Yuri wanted for additional fraud charges; failure to report to police as part of bail condition
Already facing a series of criminal charges, Cuban national Yuri Garcia Dominguez, one of the principals of an alleged ‘Ponzi’ scheme, is wanted by the Guyana Police Force (GPF) for additional fraud charges.
In a wanted bulletin issued on Tuesday night, the GPF said that 37-year-old Dominguez is wanted for questioning in relation to “several additional” fraud matters.
The News Room understands that Dominguez was released on bail on the condition that he reports to the Criminal Investigation Department (CID) every Friday.
However, Dominguez failed to do so last Friday.
Dominguez and his wife, Ateeka Ishmael, the principals of Accelerated Capital Firm Inc (ACFI), are currently facing close to 80 fraud-related charges.
Police arrested the couple in August 2020 after launching an investigation into what has been described as a huge Ponzi scheme.
They were charged on several occasions and released on bail amounting to close to $30M bail. The charges were laid separately in different courts.
The couple, who allegedly operate the unlicensed ACFI is accused of defrauding thousands of Guyanese who have invested hundreds of millions of dollars in the company.
Months after they were charged, repayment had commenced which resulted in a handful of persons receiving their monies. However, the process was subsequently halted after the Special Organised Crime Unit (SOCU) raided the couple’st Coldingen, East Coast Demerara property and seized equipment containing records of their clients.