Two men and a woman are on 67 money laundering charges, stemming from offences three years ago, and have been placed on bail totalling $2.1 million.
The accused are Amelia Maharaj, Terrence Sankar and Rakesh Rahim and they are charged for offences that occurred between May 9 and August 13, 2019, when a former employee at a financial institution allegedly processed transactions amounting to $530,000 from a customer's account without approval.
[caption id="attachment_973252" align="alignnone" width="1024"] Terrance Sankar - Photo courtesy TTPS[/caption]
Maharaj is charged with 48 counts of money laundering and one count of conspiracy to defraud a financial institution. She was granted bail of $900,000. Sankar is charged with 14 counts of money laundering and is on bail of $800,000.
Rahim is charged with five counts of money laundering with bail set at $400,000.
The three are expected to appear before an Arima magistrate on September 13. They were charged after an investigation by the police Financial Investigations Branch.
[caption id="attachment_973251" align="alignnone" width="1024"] Amelia Maharaj - Photos courtesy TTPS[/caption]
The investigation was led by Snr Supt Wendell Lucas, supervised by Insp Mc Kenzie, Sgt Samuel and legal counsel Cpl Mings. The charges were laid by financial investigator PC Alexander.
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