A fourth person has been arrested in the multi-million dollar mortgage fraud which targeted several financial institutions across the island between January 2023 and April 2024.
The 36-year-old suspect was arrested yesterday by members of the Major Organised Crime and Anti-Corruption Agency (MOCA) at the Kingston Central Police Station.
MOCA said he was reporting on pre-charge bail for alleged breaches of the Proceeds of Crime Act (POCA) and conspiracy to defraud.
Three people were arrested earlier in relation to the fraud.
They are 30-year-old medical doctor Chloe Douett, 29-year-old executive assistant Ivana Campbell and 44-year-old Dwayne Pitter.
MOCA said they were allegedly part of an organized criminal syndicate that carried out an elaborate and highly sophisticated multi-million-dollar fraud scheme against several banks and financial institutions.
MOCA charged Douett with uttering forged documents, demanding property on forged documents, conspiracy to defraud and failure to safely store a firearm.
The agency also charged Pitter with breaches of the POCA, the Law Reform Act, the Forgery Act and conspiracy to defraud at common law in relation to similar but separate conduct.
Campbell and Pitter were also charged by the Financial Investigations Division (FID) with breaches of the POCA, the Larceny Act, the Forgery Act and the Law Reform Act, as well as conspiracy to defraud at common law.
The latest suspect is expected to be charged shortly.
Director of Communications at MOCA, Major Basil Jarrett says investigations continue.
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