Cuban National Yuri Garcia Dominguez, the alleged mastermind behind a Ponzi Scheme that has ripped off hundreds of Guyanese of billions of dollars, is still at large, according to Crime Chief Wendell Blanhum.
The Police have issued a wanted bulletin for the 37-year-old Dominguez on Tuesday after he failed to report to the Criminal Investigation Department (CID) Headquarters, as per the condition of his bail.
Yuri Garcia Dominguez
He is also wanted for questioning about fraud-related matters, according to Police Headquarters.
Up to press time on Wednesday, the Crime Chief has confirmed, Dominguez was not in Police custody.
Dominguez was last known to be residing with his Guyanese wife Ateeka Ishmael at Lot 242 Track “A” Coldingen, East Coast Demerara (ECD).
Anyone who has information on the whereabouts of Dominguez is asked to contact the Police at 229-2557, 229-2700, 229-2750, 225-6978, 225-8196, 229-2019, or at the nearest Police station. All information will be treated with strict confidence.
Dominguez and his wife were first arrested in August 2020. They are currently facing more than 100 charges for obtaining money by false pretence; operating a Pyramid Scheme, and operating a financial institution without the requisite registration.
The couple is currently out on over $30 million bail.
As per conditions of bail, Dominguez and his partner were ordered to lodge their passports with the Clerk of Court, and report to the CID Headquarters every Friday.
Yuri Garcia Dominguez and his wife Ateeka Ishmael leaving a Magistrate’s Court
After failing to so report, the Police have issued a wanted bulletin for the man’s arrest.
In October 2020, the couple’s lawyer had said that his clients would commence the process of repaying investors. However, to date, only $3 million of the $4 billion has reportedly been returned.
Dominquez and his wife are the principals of Accelerated Capital Firm Incorporated.
Sometime in 2020, the company was forced to cease all operations in Guyana after authorities discovered that it was operating without a licence from the Guyana Securities Council.
They have vehemently denied being involved in a Ponzi Scheme.
Also in 2021, the couple was charged and released on a total of $400,000 bail for allegedly forging a positive COVID-19 test result. (G1)
