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Couple jailed over one Ponzi charge

Cuban national Yuri Garcia Dominguez and his wife Ateeka Ishmael were last Thursday found guilty of two offences arising out of their Ponzi scheme several years ago and sentenced to 28 months and 16 months respectively by Magistrate Sunil Scarce, sitting at the Vigilance Magistrate’s Court According to a statement from the Special Organised Crime Unit (SOCU) the two were found guilty of operating a Ponzi scheme and carrying on a business without registering with the Guyana Securities Council.

Couple jailed over one Ponzi charge