Five of six persons charged in relation to multimillion-dollar fraudulent loan scheme granted bail

October 23, 2026

The Financial Investigations Division (FID) has indicated that five of six persons arrested and charged in relation to a multimillion-dollar alleged fraudulent loan scheme have been granted bail.

The sixth remains in custody pending a court appearance scheduled for today.

The accused are: 39-year-old business owner and accountant Errol Williams of St. Catherine; 52-year-old customer service representative Christine Elliott of St. Catherine; 24-year-old Staisha Campbell of St. Catherine; 34-year-old labourer and farmer Paige Dixon of Kingston; 44-year-old self-employed shopkeeper Adrien Kerry-Ann Gordon of Kingston and 58-year-old self-employed Admarie Ashman of Kingston, who also goes by the name “Cassandra Burton”.

All six face charges of engaging in a transaction involving criminal property under the Proceeds of Crime Act, uttering forged documents under the Forgery Act, obtaining credit by fraud under the Larceny Act and conspiracy to defraud under common law.

Mr. Williams has an additional charge of possession of criminal property.

It is alleged that loans totalling approximately $110 million were obtained from a prominent financial institution between January 2023 and December 2024 through applications supported by forged and fictitious documents, and that loan proceeds were then moved through bank accounts held by third parties.

The investigation is ongoing.

Williams, Elliott, Campbell, Dixon, and Gordon were arrested during different operations last month.

They are alleged to have benefited between $1.2 million and $20 million from the scheme.

The five appeared in the Kingston and St. Andrew Parish Court (Criminal Division) on October 13.

They were offered bail between $500,000 and $1.5 million with surety.

As per conditions of bail, a stop order has been placed on their movement, and they are to surrender their travel documents.

They have also been ordered to report to the police twice weekly, as well as not to interact or interfere with witnesses.

The matter was adjourned for mention on February 16, 2027.

The sixth accused, Ashman, was arrested and charged on October 20, 2026, following a search operation at her home.

She remains in custody, and is scheduled to appear in the Kingston and St. Andrew Parish Court (Criminal Division) today.

Reports are that on December 24, 2024, the financial institution reported to the police that documentation submitted in support of loan applications made by 79 individuals between January 2023 and December 2024 was fraudulent.

Additionally, after the loans were disbursed, they were not repaid.

Investigations by the police and partner agencies revealed that the loan funds received had been transferred to third-party accounts.

It is reported that the accused used forged documents to include, identification, driver’s licence and birth certificate to open multiple bank accounts to facilitate the deposit of loan funds.