Attorney General and Minister of Legal Affairs, Anil Nandlall is assuring citizens who were allegedly fleeced by a ponzi scheme, that the government is pulling out all stops to recover their monies.
He is calling for citizens to come forward and register a complaint, and that a database of alleged victims is being compiled.
Nandlall reported that the company, Accelerated Capital Firm Inc (ACFI) would have collected millions of United States dollars from subscribers. The interest rate was extremely high, which led to more and more persons subcribing.
He added that no bank account was found for the company or it’s alleged principals, Cuban National Yuri Garcia Dominguez and his wife Ateeka Ishmael.
Further, Nandlall said that records show the company applying for several licences from the Bank of Guyana and the Guyana Securities Council (GSC) to operate here. However, all applications were rejected.
The GSC, having caught wind of the scheme, wrote to the former government, informing them of the development. But no response was provided, Nandlall said.
Dominguez is a naturalized Guyanese and when notice was published in the newspaper indicating the authorities’ intention to make him a citizen, the GSC again wrote to the then Citizenship Minister, Winston Felix, about Dominguez and his shady undertakings in Guyana. No response was given, the AG said.