September 22, 2020

Soldier Among Nine Arrested As Cops Seize Millions In Cash From Pyramid Scheme

By Newsroom

Millions of dollars in cash has been seized by the Trinidad and Tobago Police Service and a suspected pyramid scheme dismantled following an intelligence-led exercise carried out a home in La Horquetta on Tuesday afternoon.

 

The exercise, which was led by Police Commissioner, Gary Griffith, saw nine people being detained, including a member of the Trinidad and Tobago Defence Force.

There were reports that several persons had assembled, in breach of the Public Health Ordinance Regulations, waiting to collect large sums of money from a Pyramid Scheme.

Commissioner of Police, Gary Griffith, directed the Special Operations Response Team (SORT) to mount an exercise in the La Horquetta area. But on seeing the police, the people dispersed.

A search warrant was executed at a house at Kathleen Warner Drive, Phase One, La Horquetta, where police arrested nine persons for being in possession of cash in excess of the prescribed sum. A large quantity of money was seized and taken away.

The Finance Intelligence Branch of the TTPS, has been brought into the investigation. Also involved in the exercise were officers of the Northern Division.

Enquiries are continuing.

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