Ponzi Scheme boss out of jail; to face media within hours

Yuri entering a car moments after walking out of the Lusignan Prison, East Coast Demerara

Thirty-four-year-old Cuban National Yuri Garcia Dominguez, and his wife Ateeka Ishmael, 32, of Coldingen, East Coast Demerara, were both granted bail today in the Vigilance Magistrate’s Court by Her Worship Marisa Mittelholzer.

BIG Smith News Watch has been told that Dominguez is expected to face the press within a matter of hours, when he will update his investors on the state of play in relation to their investments, signed contracts, and the way forward.

The couple posted the bail of close to four million dollars today.
Attorney at Law Dexter Todd confirmed this, when contacted by BIG Smith News Watch.

Yuri Dominguez is one of the principles of Accelerated Capital Firm Inc., whose operations have attracted hundreds of Guyanese investors who pumped in millions as investments.

Alarm bells began to ring out in relation to the so-called “investment” operations, after persons who signed contracts with the company were unable to receive their returns in the allotted time frame.

This caused the operation to be deemed a Ponzi scheme by government and other persons, who have been pressuring the company to find the money to repay investors.