ED Ahmad Arrested and bailed for $2.5M

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Former Member

Headline on today's Stabroek online version.

Waiting to get a copy.

Can anyone post what is in the NY Media

Government watchdog wants probe of Queens Rep. Gregory Meeks' $40G loan
BY Benjamin Lesser
DAILY NEWS STAFF WRITER

Wednesday, July 14th 2010, 4:00 AM

Miller/NewsQueens Rep. Gregory Meeks disclosed the 2007 just last month. Related NewsArticles
Queens congressman tries to hide $50G in loansFBI looking into secret $40,000 personal loan to Queens pol MeeksQueens Rep. Gregory Meeks has home fit for a kingMeeks: $55G in undisclosed loans an 'oversight' Meeks taps Dem fund-raiser to help pay back $40,000 loanA government watchdog group has asked the Office of Congressional Ethics to probe a $40,000 loan Queens Rep. Gregory Meeks received from a local businessman.

Citizens for Responsibility and Ethics in Washington (CREW) asked for the review in response to a series of Daily News articles about the loan.

Meeks publicly disclosed the January 2007 loan for the first time last month.

He acknowledged he had failed to properly report the loan on House disclosure forms the previous two years, calling it an "oversight."

The News later reported that Meeks repaid the loan shortly after the FBI started asking Queens businessman Ed Ahmad about the money he lent to the congressman.

"Rep. Meeks got caught with his hand in the cookie jar and came up with an after-the-fact explanation to justify his conduct," said Melanie Sloan, executive director of CREW.

Sources say the loan had no interest rate, no collateral, no repayment schedule and no due date.

Meeks claims that there was a 12.5% interest rate on the loan.

The congressman sent Ahmad a check for $59,000 after taking out a $59,650 loan on June 18, secured by his house, from personal friend and Democratic fund-raiser Dennis Mehiel.

A letter filed by CREW accuses Meeks of violating House ethics rules by failing to properly report the loan or get required approval before accepting it. The letter calls the loan an improper gift.

If the OCE finds that there is "substantial reason to believe the allegations," staffers will refer the matter to the House Committee on Standards of Official Conduct for further action.

In response, Meeks said in a statement, "To address oversights in my 2007 and 2008 filings, I have made all necessary amendments to ensure compliance with House disclosure rules.

"It is unfortunate that Citizens for Responsibility in Ethics in Washington is now using distorted and sensationalized media reports as the basis for a complaint to the Office of Congressional Ethics."

blesser@nydailynews.com

Replies sorted oldest to newest

Former Member

why would he be arrested on this? That does not appear right.

7/23/115:40 PM

Former Member

Need some updated news.OLD NEWS.

7/23/116:27 PM

Former Member

Rep. Gregory Meeks digs into campaign war chest to pay for attorney in probe

BY BEN LESSER, GREG B. SMITH AND MIKE MCAULIFF
DAILY NEWS STAFF WRITERS

Miller for News
Congressman Gregory Meeks is using campaign cash to pay for legal defense.
RELATED NEWS
Forget Big Three, it's all 'bout me
Dems' rising star didn't exercise care
Queens Congressman Gregory Meeks is paying for his troubles with campaign cash, handing out $28,500 to lawyers and press advisers dealing with a growing federal probe.

The FBI and Manhattan U.S. Attorney are looking at a secret $40,000 loan Meeks got from a Queens businessman to help pay for his expansive house.

The loan required no interest, had no documentation and wasn't paid back for three and a half years - until right after the FBI began asking questions about it in May.

Meeks also did not reveal the loan's existence on his 2007 and 2008 House financial disclosure forms.

Last month, Meeks used $15,000 of his campaign funds to pay Dorsey & Whitney, the firm of his criminal defense lawyer, former federal prosecutor Michael Bellinger, records show.

In the last six months, Meeks' campaign has also paid out another $13,500 to the public relations firm of George Arzt.

Members of Congress are not supposed to use campaign funds for anything but campaign reasons, although many have spent their contributions on lawyers when they have come under investigation.

Neither Meeks nor Bellinger would answer questions about the payments.

Rep. Charles Rangel (D-Manhattan) has spent $1.7 million on lawyers in ongoing House ethics probes of his finances, including $170,000 in the past three months, records show.

Read more: http://www.nydailynews.com/ny_...y.html#ixzz1SzENqLtw

7/23/117:40 PM

Former Member

My friend in NY told me that the NY Daily News Saturday's edition carried the story on Page 6

7/23/117:42 PM

Former Member

http://static-cdn.guyanapublic...mages/2011/07/ed.jpg

7/23/117:49 PM

Former Member

Daily News, Saturday, July 23, 2011

Page 2, first column

"Pol Pal jailed by FBI"

Ahmad is was not arrested in connection with the Meeks case. According to the article,

" Ahmad was hit with a criminal complaint alledging that he conducted an extensive scheme to commit mortgage fraud, regularly lying about applicants' income and using straw buyers to hide his involvement"

He was released on $2.5 million bail.

I hope the bastard goes to jail for the rest of his life. These are the type of people that the PPP are associating with.

7/23/119:14 PM

Former Member

Breaking News…Feds drag Ed Ahmad from Delta flight in handcuffs
JULY 23, 2011 | BY KNEWS | FILED UNDER NEWS

. . . man was heading to Guyana

The FBI yesterday arrested a Queens businessman who made a questionable $40,000 “loan” to Rep. Greg Meeks on mortgage fraud charges.
Edul Ahmad, a Guyanese who owns a major business in Guyana, is a key figure in ongoing probes of the “loan” Meeks forgot to repay for 3 1/2 years until the Daily News exposed it.
The Guyana business is Building Materials and Appliances Depot located in Industrial Site, Ruimveldt.

Ahmad had already boarded Delta 383 at JFK International to head to Guyana when Federal agents boarded the aircraft and forcibly removed him in handcuffs.

Ahmad was hit with a criminal complaint alleging that he conducted an extensive scheme to commit mortgage fraud, regularly lying about applicants’ income and using straw buyers to hide his involvement.
His lawyer, Steven Kartagner, declined to discuss whether Ahmad was in discussions with the FBI and the Brooklyn U.S attorney before his arrest.
Ahmad was released on $2.5 million bail. He declined comment.
In January 2007, Ahmad gave Meeks $40,000 to finish paying off the congressman’s new $830,000 home. There was no discussion of interest rates, collateral, due dates and no documents were generated at the time, sources familiar with the transaction have told The News.
Meeks did not list the transaction on 2007 or 2008 financial disclosure forms he filed with the House, revealing it for the first time in a 2009 form that was filed in mid-2010.
In July 2010, shortly after The News revealed details of this transaction and the FBI paid Ahmad a visit, Meeks suddenly paid back the money and called it a loan.
Meeks is the subject of an ongoing FBI investigation, as well as a probe by the Office of congressional Ethics.
(Story from New York Daily News By Benjamin Lesser and Greg B. Smith)

7/23/119:28 PM

Former Member

HOW CAN THEY DO THIS TO JAGDEO'S FRIEND AND BUSINESS ASSOCIATE?

7/23/1110:24 PM

Former Member

Innocent until proven Guilty,How about 85% of these sales are blessed.These home owners are living in these houses and are thanking Ed.Structuring the Loans to create housing,Jagdeo friend alright but business associate NAH.

7/24/1112:51 AM

Former Member

quote:
Originally posted by creative:
Innocent until proven Guilty,How about 85% of these sales are blessed.These home owners are living in these houses and are thanking Ed.Structuring the Loans to create housing,Jagdeo friend alright but business associate NAH.

Bro, when the FBI comes knocking it means they already have the evidence.

Was this guy also not involved in the Marriott fiasco in GT?

7/24/1112:58 AM

Former Member

quote:
Originally posted by redux:
Breaking News…Feds drag Ed Ahmad from Delta flight in handcuffs
JULY 23, 2011 | BY KNEWS | FILED UNDER NEWS

. . . man was heading to Guyana

The FBI yesterday arrested a Queens businessman who made a questionable $40,000 “loan” to Rep. Greg Meeks on mortgage fraud charges.
Edul Ahmad, a Guyanese who owns a major business in Guyana, is a key figure in ongoing probes of the “loan” Meeks forgot to repay for 3 1/2 years until the Daily News exposed it.
The Guyana business is Building Materials and Appliances Depot located in Industrial Site, Ruimveldt.

Ahmad had already boarded Delta 383 at JFK International to head to Guyana when Federal agents boarded the aircraft and forcibly removed him in handcuffs.

Ahmad was hit with a criminal complaint alleging that he conducted an extensive scheme to commit mortgage fraud, regularly lying about applicants’ income and using straw buyers to hide his involvement.
His lawyer, Steven Kartagner, declined to discuss whether Ahmad was in discussions with the FBI and the Brooklyn U.S attorney before his arrest.
Ahmad was released on $2.5 million bail. He declined comment.
In January 2007, Ahmad gave Meeks $40,000 to finish paying off the congressman’s new $830,000 home. There was no discussion of interest rates, collateral, due dates and no documents were generated at the time, sources familiar with the transaction have told The News.
Meeks did not list the transaction on 2007 or 2008 financial disclosure forms he filed with the House, revealing it for the first time in a 2009 form that was filed in mid-2010.
In July 2010, shortly after The News revealed details of this transaction and the FBI paid Ahmad a visit, Meeks suddenly paid back the money and called it a loan.
Meeks is the subject of an ongoing FBI investigation, as well as a probe by the Office of congressional Ethics.
(Story from New York Daily News By Benjamin Lesser and Greg B. Smith)

Well this is more like it.

7/24/116:31 AM

Former Member

There must be something bigger behind the scenes but they using this to hold him. 40k seems minor to be of interest to the FBI.

7/24/116:50 AM

Former Member

quote:
Originally posted by baseman:
There must be something bigger behind the scenes but they using this to hold him. 40k seems minor to be of interest to the FBI.

His peepes are snitching to get lighter sentences. He was possibly only arrested because they thought he was not going to come back. They have been at this for years.

Two more to go

7/24/117:17 AM

Former Member

Ed Ahmad is one of the vultures who follow Jagdeo,Ramoutar and the clique when they visit Richmond Hill....

There are a lot of questions floating around about this guy....how did he acquire land at Leonora to start a housing project ?...how did he acquire property belonging to the New Guyana Company at Ruimveldt to start a building supply business ?

What is his real connection with Jagdeo and Ramoutar ?

Last March Ahmad called the owner of Narissa Palace to advise him that he should not allow members of the Cheddi Jagan Memorial Committee to have a function there....several folks close to the committee believed that Ahmad was acting on the orders of Ramouthar !

7/24/117:19 AM

Former Member

quote:
Originally posted by Churchill:
Ed Ahmad is one of the vultures who follow Jagdeo,Ramoutar and the clique when they visit Richmond Hill....

There are a lot of questions floating around about this guy....how did he acquire land at Leonora to start a housing project ?...how did he acquire property belonging to the New Guyana Company at Ruimveldt to start a building supply business ?

What is his real connection with Jagdeo and Ramoutar ?

Last March Ahmad called the owner of Narissa Palace to advise him that he should not allow members of the Cheddi Jagan Memorial Committee to have a function there....several folks close to the committee believed that Ahmad was acting on the orders of Ramouthar !

I bet Lil Birdie (VM) is saying, what goes around comes around. It is this infighting and greed that is going to put all of these guys in jail. This is a big world so instead of being mean and carving out little fiefdoms, like the common street gang, they ought to have been branching out and utilizing their assets better. I saw some girl on another blog a while back complaining how they harassed her. well, she is probably doing a puja this morning.

7/24/117:32 AM

Former Member

quote:
Originally posted by Churchill:
Ed Ahmad is one of the vultures who follow Jagdeo,Ramoutar and the clique when they visit Richmond Hill....

There are a lot of questions floating around about this guy....how did he acquire land at Leonora to start a housing project ?...how did he acquire property belonging to the New Guyana Company at Ruimveldt to start a building supply business ?

What is his real connection with Jagdeo and Ramoutar ?

Last March Ahmad called the owner of Narissa Palace to advise him that he should not allow members of the Cheddi Jagan Memorial Committee to have a function there....several folks close to the committee believed that Ahmad was acting on the orders of Ramouthar !

When I visited Guyana last year, the FBI went there on the ruse of tracking US stolen cars. But I think it was more than that.

BTW, on the issue of intimidating US based Guyanese helping the AFC, similar situation. One can only imagine the imtimation of the Guyana-based businessmen.

7/24/117:50 AM

cainTired old hippie

Albert will explain it all when he gets in tomorrow morning. As we wait with 'bated breath.

7/24/117:59 AM

Former Member

quote:
Originally posted by Churchill:
Ed Ahmad is one of the vultures who follow Jagdeo,Ramoutar and the clique when they visit Richmond Hill....

There are a lot of questions floating around about this guy....how did he acquire land at Leonora to start a housing project ?...how did he acquire property belonging to the New Guyana Company at Ruimveldt to start a building supply business ?

What is his real connection with Jagdeo and Ramoutar ?

Last March Ahmad called the owner of Narissa Palace to advise him that he should not allow members of the Cheddi Jagan Memorial Committee to have a function there....several folks close to the committee believed that Ahmad was acting on the orders of Ramouthar !

Did Ahmad not represent a group that was selected by Buggarat Jagabat to build the Marriott in GT? If my memory serves me right there is a picture of him with shovel breaking sod.

It was lated revealed that one of the companies Ahmad represented had the same address as the son of the NY mafia.

7/24/1110:37 AM

PointblankSenior Member

quote:
Originally posted by creative:
Innocent until proven Guilty,How about 85% of these sales are blessed.These home owners are living in these houses and are thanking Ed.Structuring the Loans to create housing,Jagdeo friend alright but business associate NAH.

How can you defend this crook

7/24/1111:02 AM

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