FBI Nabs Guyanese Accused Scammer

admin

CaribWorldNews, NEW YORK, NY, Thurs. Mar. 4, 2010: A 46-year-old Guyanese mortgage scammer, on the lam from the law, has been captured by the FBI.

Ishwardat (Danny) Raghunath was nabbed around 4 p.m. Wednesday at Logan and Fulton Streets in East New York after investigators received a tip, FBI spokesman James Margolin was quoted by the New York Daily News as saying.

Raghunath is scheduled to be arraigned in Brooklyn Federal Court today.

The Queens-based, Guyanese national, allegedly recruited straw buyers to purchase homes and then submitted bogus loan applications to lenders who were left in the lurch when the mortgage payments stopped.

 

 

Next Post

Money Transfers To Caribbean To Stabilize

CaribWorldNews, WASHINGTON, D.C., Fri. Mar. 5, 2010: Money sent home by migrants to the Caribbean and Latin America is likely to see stabilization this year. That`s according to the latest report from the Inter-American Development Bank`s Multilateral Investment Fund. The report issued Thursday said the stabilization is expected after a […]