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BREAKING NEWS: Guyanese Businessman Edul Ahmad in a Plea Deal with US Prosecutors

Federal Prosecutors and Lawyers for Guyanese businessman, Edul Ahmad, who has been indicted in a $50 million dollar mortgage fraud scheme, has apparently reached a plea arrangement, that will be made public next month.

A letter filed yesterday by Assistant U.S. Attorney for the Eastern District of New York, states “the parties have reached tentative agreement to a proposed pre-trial resolution” and requests a plea date for sometime during the week of October 8th, 2012.

Ahmad claimed in Federal Court, that he was a personal friend of former President, Bharrat Jagdeo, and sent tons of building materials to him.

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