http://www.kaieteurnewsonline....d-%e2%80%93-ny-post/



Breaking News….Ed Ahmad enters into “extensive plea negotiations” – NY Post
December 11, 2011 | By KNews | Filed Under News
According to the New York Post, Queens-based Guyanese businessman Edul Ahmad has entered into “extensive plea negotiations” which are expected to last for close to three months, concluding sometime at the end of February.

The newspaper reports that according to court records it obtained, the developer, who once gave US Congressman Gregory Meeks $40,000, is negotiating a plea deal with federal authorities in Brooklyn, and this is scheduled to stretch into the end of February, “leaving some to wonder if Meeks pal and Guyanese-born developer Edul Ahmad is helping the feds with other targets”.

“That’s a lot of time to negotiate a plea,” said a New York criminal lawyer not connected with the case. “The feds must think there are bigger fish they can catch.”

Ahmad was arrested last July on charges of operating a $50 million mortgage-fraud scheme in Queens. He faces a maximum of 30 years in jail. He is out on $2.5 million bail.

According to the Post article, court records also revealed that three alleged co-conspirators — Ahmad’s cricket pals and employees — were also indicted in an associated case last month.

Queens-based brokers Qayaam Farrouq, Mohamed Gurmohamed and Steve Massiah were charged with defrauding banks and mortgage companies by falsifying mortgage- loan applications to make borrowers appear more creditworthy to financial institutions, the US newspaper reports.

Ahmad’s relationship with Meeks came under intense scrutiny last year after the Democratic congressman revealed that he had received the $40,000 payment from Ahmad in 2007. Meeks only revealed the payment after Ahmad was questioned by the FBI last year. He claims he repaid the money following the quizzing.

The House ethics committee is probing whether the payment was a gift and not a loan, as the congressman has maintained.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

*****Breaking News….Ed Ahmad enters into “extensive plea negotiations” – NY Post

*****“leaving some to wonder if Meeks pal and Guyanese-born developer Edul Ahmad is helping the feds with other targets”.



*****“That’s a lot of time to negotiate a plea,” said a New York criminal lawyer not connected with the case. “The feds must think there are bigger fish they can catch.”



Both "De Duck" and "De Rat" are personal friends of Ed Ahmad.
He received the following from "De Duck" and "De Rat"
Gold & Diamond Export Licence(Similar to Omai)
Lenora Estate Management Compound.
Large areas for Housing Development.
PPP Private Property....The Mirror Newspapers Complex locate at Rumvielt Industrial Site...in a very secret and personal deal with "De Duck" and "De Rat"

What happen if two PPP Guyana Presidents are implicated in Mr Ahmads Extensive Plead Negotiations, ......
(1)He is helping US Feds with other Targets.......
(2)According to this report..... “The feds must think there are bigger fish they can catch.”

The net is going to widen and more will be caught. This is only the tip of the berg.

you live in glass house do not throw stones Alexander,you do not want the net to soread to headquarters 134 street and Liberty Av.Dem ah watch you.

I don't understand how some of you find so much pleasure in others misfortune.What's wrong with you people. What kind of society are you trying to build?

quote:

Originally posted by Dhall:
I don't understand how some of you find so much pleasure in others misfortune.What's wrong with you people. What kind of society are you trying to build?

What about the people who lost their homes. These crooks should be locked up

quote:

Originally posted by Dhall:
I don't understand how some of you find so much pleasure in others misfortune.What's wrong with you people. What kind of society are you trying to build?

We are living in a society that want thieves like Ed Ahmad go to jail for robbing HARD WORKING PEOPLE. Whose side are you on?

Ahmad's problems are not a misfortune it was premediated. The misfortune is what happened to the people he robbed.

So Dhall or whatever your name is, maybe you are just like Ahmad that's why you are defending him

quote:

Originally posted by Jalil:
http://www.kaieteurnewsonline....d-%e2%80%93-ny-post/



Breaking News….Ed Ahmad enters into “extensive plea negotiations” – NY Post
December 11, 2011 | By KNews | Filed Under News
According to the New York Post, Queens-based Guyanese businessman Edul Ahmad has entered into “extensive plea negotiations” which are expected to last for close to three months, concluding sometime at the end of February.

The newspaper reports that according to court records it obtained, the developer, who once gave US Congressman Gregory Meeks $40,000, is negotiating a plea deal with federal authorities in Brooklyn, and this is scheduled to stretch into the end of February, “leaving some to wonder if Meeks pal and Guyanese-born developer Edul Ahmad is helping the feds with other targets”.

“That’s a lot of time to negotiate a plea,” said a New York criminal lawyer not connected with the case. “The feds must think there are bigger fish they can catch.”

Ahmad was arrested last July on charges of operating a $50 million mortgage-fraud scheme in Queens. He faces a maximum of 30 years in jail. He is out on $2.5 million bail.

According to the Post article, court records also revealed that three alleged co-conspirators — Ahmad’s cricket pals and employees — were also indicted in an associated case last month.

Queens-based brokers Qayaam Farrouq, Mohamed Gurmohamed and Steve Massiah were charged with defrauding banks and mortgage companies by falsifying mortgage- loan applications to make borrowers appear more creditworthy to financial institutions, the US newspaper reports.

Ahmad’s relationship with Meeks came under intense scrutiny last year after the Democratic congressman revealed that he had received the $40,000 payment from Ahmad in 2007. Meeks only revealed the payment after Ahmad was questioned by the FBI last year. He claims he repaid the money following the quizzing.

The House ethics committee is probing whether the payment was a gift and not a loan, as the congressman has maintained.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

*****Breaking News….Ed Ahmad enters into “extensive plea negotiations” – NY Post

*****“leaving some to wonder if Meeks pal and Guyanese-born developer Edul Ahmad is helping the feds with other targets”.



*****“That’s a lot of time to negotiate a plea,” said a New York criminal lawyer not connected with the case. “The feds must think there are bigger fish they can catch.”



Both "De Duck" and "De Rat" are personal friends of Ed Ahmad.
He received the following from "De Duck" and "De Rat"
Gold & Diamond Export Licence(Similar to Omai)
Lenora Estate Management Compound.
Large areas for Housing Development.
PPP Private Property....The Mirror Newspapers Complex locate at Rumvielt Industrial Site...in a very secret and personal deal with "De Duck" and "De Rat"

What happen if two PPP Guyana Presidents are implicated in Mr Ahmads Extensive Plead Negotiations, ......
(1)He is helping US Feds with other Targets.......
(2)According to this report..... “The feds must think there are bigger fish they can catch.”

Jalil,

Weren't you a dear friend of Ahmad once?

Marlon....
Jalil,

Weren't you a dear friend of Ahmad once?
xxxxxxxxxxxxxx

No Sir. No such thing.

Before the end of the Ed Ahmad affair we might see others being identified as associates of Ed in scams to defraud hard working folks in the USA and Guyana....

I have seen Ed in the company of Raj Singh, a Jagdeo/Ramouthar stooge,Totoram a former PNC boot licker now turned staunch PPP soup drinker......I wonder what they usually discuss during their regular meetings at Hibiscus ?....

They probably compare the cutters served.

quote:

Originally posted by cain:
They probably compare the cutters served.

Or the booty taken !...

Will they open the "Back-tracking" that he was doing with the State Department employee.

Ed knows he is going down for decades for crimes that did not involve killing scores of people, including PPP opponents. Roger on the other hand got 10 years for far worse. So Ed is thinking that Bharat did another one of his disappearing act and left him high and dry.

Someone suggested to me that suppose Bharat deliberately had Roger and Ed caught by the US so that Bharat can take possession of many or all of the financial accounts of these two guys. It's not an impossible suggestion, and not one most of us would dismiss as far fetched.

quote:

Originally posted by Dhall:
I don't understand how some of you find so much pleasure in others misfortune.What's wrong with you people. What kind of society are you trying to build?

I have said it before, and I say it again. There are a lot of antimen on GNI who hide under women's skirts and take great pleasure in other people's misfortune from behind a keyboard.
However, when they are in trouble, they cry like little babies and rat out their pals.

quote:

Originally posted by creative:
you live in glass house do not throw stones Alexander,you do not want the net to soread to headquarters 134 street and Liberty Av.Dem ah watch you.

This seems to be a direct attack on Alexander. I hope moderator notices this.

What attack? ALL he mentioned that Alexander is being watched. The PPP has been doing that for years on their opponents, and spend $millions each year on informers etc. Even GNI is loaded with them.

These fools seek pleasure in unfounded gossip. trying to link Ramotar now to the criminal Ed. that is slander!!!

Can you post an extract of where Ramotar is being linked to Ed? If memory serves me right, Ramotar has already denied taking anything from Ed, in contrast to Jagdeo.

quote:

Originally posted by Mr.T:
Can you post an extract of where Ramotar is being linked to Ed? If memory serves me right, Ramotar has already denied taking anything from Ed, in contrast to Jagdeo.

:.........................................................
see Churchill's post - he refers to Raj Singh as a jagdeo/ramotar stooge.

I think the unwarranted anger against the PPP is making People go MAD. Thank GOD is a small Group. Ed will have his day in Court or the Feds will have to work with him. Let us wait for February. Many in the Real Estate Business have done WORST, including Donald Trump and others!!!

quote:

Originally posted by TI:

quote:

Originally posted by creative:
you live in glass house do not throw stones Alexander,you do not want the net to soread to headquarters 134 street and Liberty Av.Dem ah watch you.

This seems to be a direct attack on Alexander. I hope moderator notices this.

he and the admins. are pals.

quote:

Originally posted by TI:

quote:

Originally posted by Dhall:
I don't understand how some of you find so much pleasure in others misfortune.What's wrong with you people. What kind of society are you trying to build?

I have said it before, and I say it again. There are a lot of antimen on GNI who hide under women's skirts and take great pleasure in other people's misfortune from behind a keyboard.
However, when they are in trouble, they cry like little babies and rat out their pals.

Ed is a thief. He is pleading to save his ass and ratting off his bankers. The misfortune is to those who lost in his criminal mischief. He is simply paying the piper and those commenting on it has an obligation to do so since that is how society acquires its memes, learns and transmits its messages.

So why is he being tried here and not in the courts? Is this now people's court, or Judge Judy?

quote:

Originally posted by TI:
So why is he being tried here and not in the courts? Is this now people's court, or Judge Judy?

you didn't get the memo that gni is the peeple's court?

quote:

Originally posted by TI:

quote:

Originally posted by Dhall:
I don't understand how some of you find so much pleasure in others misfortune.What's wrong with you people. What kind of society are you trying to build?

I have said it before, and I say it again. There are a lot of antimen on GNI who hide under women's skirts and take great pleasure in other people's misfortune from behind a keyboard.
However, when they are in trouble, they cry like little babies and rat out their pals.

who you calling antiman,you worship bar-RAT AND KWAME.THE PPP IS THE ANTIMAN CLUB

quote:

Originally posted by TI:
So why is he being tried here and not in the courts? Is this now people's court, or Judge Judy?

He is not being tried here. He is Characterized by what people know of him.

quote:

Originally posted by TI:
So why is he being tried here and not in the courts? Is this now people's court, or Judge Judy?

all the people who is try here is the ppp crime family.and they all going to sing sing

ed have many friends still,some of these Guys here should know better,hear say and speculations is Bullcrap.1000 good vs 1 or two alledge stuff,atleast lots of home owners are bragging,if not for Ed they would not own a piece of the American Dream.Some still have equity and lots of them took out their equity and invest.AGAIN I WILL SAY THE ONE WHO START THIS THREAD AND ALEX????? DO NOT LET THE NET SPREAD OVER 134 ST.LIB.AV.HEADQUARTERS.

quote:

Originally posted by alena:
These fools seek pleasure in unfounded gossip. trying to link Ramotar now to the criminal Ed. that is slander!!!

Alena it is not slander ! I am not a fool either ! I know what I am saying !

Ramouthar and Ed met privately on several occasions in NY within the last two years.....it is not gossip I have seen them together.....it is public knowledge as could be seen in the October 15th,2010 issue of the Caribbean New Yorker...

I maintain that Raj Singh is a stooge of both Jagdeo and Ramouthar....he did their dirty work in weakening the PPP sypport structure in NY....Jagdeo and Ramouthar used Raj to bypass the party groups in NY....

Churchee Raj do not hang alone,Kawa also falls under the same catagory with Raj,Bhol and Subra.Raj was seen hands in hands with another guy on 126 St.and 101 Av.heading to Hybiscus occasionally raj hands around Ali waist.

Ed was too cheap. He should have chartered a private plane out of the great USofA. See what buying a $600 ticket gets you.

The feds catching nuff guyanese at airports. I hope Gajraj doesn't fly. He's on my feds list.

quote:

Originally posted by Nuff:
Ed was too cheap. He should have chartered a private plane out of the great USofA. See what buying a $600 ticket gets you.

The feds catching nuff guyanese at airports. I hope Gajraj doesn't fly. He's on my feds list.

He is coming back by boat from India!

quote:

Originally posted by D2:

quote:

Originally posted by Nuff:
Ed was too cheap. He should have chartered a private plane out of the great USofA. See what buying a $600 ticket gets you.

The feds catching nuff guyanese at airports. I hope Gajraj doesn't fly. He's on my feds list.

He is coming back by boat from India!

Like Ed is taking singing lessons.



US cricket captain Steve Massiah’s passport confiscated
By Stabroek editor | 0 Comments | Breaking News | Friday, December 16, 2011

US cricket captain Steve Massiah has had his passport confiscated in the US over mortgage charges in a case linked to that of Guyanese and New York businessman Edul Ahmad. ESPN is reporting that Massiah’s passport has been confiscated and he is restricted to travelling within New York. Permission was granted to him to travel to Florida for a tournament. Massiah, a Guyanese, is currently out on bail. The charges carry a maximum of 20 years in prison.

According to ESPN, USA Cricket Association (USACA) president Gladstone Dainty said that the board still had not had any discussions regarding Massiah’s legal situation. “Don’t call me about that please,” Dainty told ESPN. New York regional director Lester Hooper told ESPN he had spoken to Massiah on the phone a few days ago to offer support but said that even if he was permitted to travel, it is unlikely Massiah, 32, would participate for the New York Region in the USA Cricket Association Twenty20 Nationals scheduled from January 20 to 22 in Florida. ESPN said that that tournament will be used as a selection tool to pick USA’s squad for the ICC World Twenty20 Qualifier from March 13 to 24 in the UAE.

“I’m pretty sure cricket is the last thing on his mind,” Hooper told ESPN. “I think he would at least want to try and get this whole legal situation behind him before he would even think about representing the region or USACA for that matter. That would definitely be something the [USACA] executive committee would have to really take into consideration, but like anything else I would like to believe that someone is innocent until proven guilty.

“He was very upbeat and he’s looking forward to his day in court,” Hooper related to ESPN about his conversation with Massiah. “I think for his work and his dedication to US cricket over the past years, I think we owe it to Steve to say a prayer for him and wait until the cards are laid out and we’re able to get a better understanding of exactly what happened and make a better judgment, a more educated judgment, in terms of what happened or what didn’t happen.”

According to the arrest warrant, a copy of which is with ESPNcricinfo, Massiah and two other men conspired “to execute a scheme and artifice to defraud a financial institution”, listed as Countrywide Home Loans, “and to obtain moneys, funds, credits, assets, securities, or other property owned by and under the custody and control of such financial institution, by means of materially false and fraudulent pretenses, representations and promises.”

In the warrant, ESPN said that an FBI agent alleges that Massiah acted as a straw buyer for a co-conspirator, believed to be Ahmad.

This guy looks exactly like Gerhard. LOL
Just the watering can is missing.

quote:

Originally posted by Nuff:

quote:

Originally posted by D2:

quote:

Originally posted by Nuff:
Ed was too cheap. He should have chartered a private

plane out of the great USofA. See what buying a $600 ticket gets you.

The feds catching nuff guyanese at airports. I hope Gajraj doesn't fly. He's on my feds list.

He is coming back by boat from India!

Loks like Rum mouth tar

Jagdeo's homey. The home wrecker.


~~~~~~~~~~~~~~~~~~~~~~~~

Ed Ahmad, the man who destroyed many lives
January 10, 2012 | By KNews | Filed Under News




For years, a self-made real estate magnate named Edul Ahmad personified the collective dreams of

Richmond Hill, Queens, which is populated by many immigrants from Guyana, in South America. Mr. Ahmad drove a yellow Lamborghini, sponsored a cricket team and held white-glove parties at a lavish banquet hall that he owned.
At a prominent intersection near the border of Richmond Hill and South Ozone Park, his smiling face looked down from a large billboard that promoted his real estate services. Many residents responded, taking out high-risk mortgages that they were told they could readily afford.
In July, it all came crashing down. Agents from the Federal Bureau of Investigation arrested Mr. Ahmad, charging him with masterminding a $50 million mortgage fraud that seemed to exemplify a nationwide phenomenon of celebrated immigrant brokers who were accused of preying on their own.
Now, scores, if not hundreds, of Guyanese immigrants are facing financial ruin because of loans said to have been arranged by Mr. Ahmad, and the repercussions from the case have extended from Queens to Washington to Guyana.
Mr. Ahmad is currently engaged in intensive plea-bargain negotiations with federal prosecutors, according to court documents, but it appears that the impact of the loans will endure for years. Richmond Hill has been hit harder by the foreclosure crisis than most other neighborhoods in the city, officials and analysts said.
Mr. Ahmad’s case has also ensnared two politicians whom he considered friends: United States Representative Gregory W. Meeks, a Queens Democrat; and John L. Sampson of Brooklyn, the Democratic leader of the State Senate.
A House ethics panel is investigating Mr. Meeks for failing to disclose that he received $40,000 from Mr. Ahmad. Mr. Sampson worked as Mr. Ahmad’s lawyer and was disciplined by the New York secretary of state for notarizing a document for Mr. Ahmad without a license.
After Mr. Ahmad’s arrest, the ruling party in Guyana had to explain why his contact information appeared on a flier promoting a fund-raising dinner with the president at the time, Bharrat Jagdeo; the party said Mr. Ahmad was a friend of Mr. Jagdeo’s, but not a campaign donor.
Mr. Ahmad, 44, is charged with luring buyers into subprime mortgages, inflating the values of their properties and concealing his involvement by using straw buyers, like his wife and the Guyanese-born captain of the United States cricket team, Steve Massiah.
Mr. Ahmad pleaded not guilty and posted $2.5 million in bail in July. Reached by telephone recently, he would not comment.
Since 2009, more foreclosures have been filed in Queens than in any other borough, according to the Neighborhood Economic Development Advocacy Project. Five of the hardest hit ZIP codes in Queens are within a 15-minute drive of the office of Mr. Ahmad, who community leaders say once held about 75 percent of local real estate listings.
Paban Saha and Syed Husain, friends and former business partners, said they contacted him in 2006 after seeing his newspaper advertisements. They said he earned their confidence at their first meeting, when they watched him write a check to a charity.
“He set up an atmosphere where you forgot about everything,” Mr. Husain, 56, said.
Mr. Ahmad and one of his brokers offered Mr. Husain and Mr. Saha a three-family house for $880,000 but warned of another bid, Mr. Husain said. Mr. Ahmad demanded that they close within a week, insisting they use his lawyer, his appraiser and his mortgage officer, who pushed to finance 95 percent of their home at a 12.5 percent rate, Mr. Saha and Mr. Husain said.
Within two years, their finances were devastated, they said. The property was on the brink of foreclosure, the souvenir store that their families owned together went bankrupt, and they depleted savings they had accumulated since emigrating from Bangladesh in the 1990s.
“You can only imagine two households trying to keep one property afloat,” said Mr. Husain, who has filed a civil lawsuit against Mr. Ahmad. “It sucked everything dry.”
Some Guyanese people, describing their foreclosures linked to Mr. Ahmad’s services, said they were so terrified by his powerful ties that they did not want their names publicized. One man said that at times he felt suicidal.
“I don’t even trust myself to make decisions anymore,” he said. “I’ve lost everything.”
Housing experts say these cases have cropped up in immigrant enclaves across the United States, often because immigrants can be too trusting of business leaders from their own communities who hold themselves up as examples of classic American success stories.
In September, a Bolivian-born woman became the third member of her family in San Francisco to be charged with defrauding Latino immigrants in a multimillion-dollar mortgage scheme.
Los Angeles’s Thai community was victimized, community leaders said, by a prominent loan officer who cheated so many immigrants that after he came under scrutiny, he fled to Thailand.
Mr. Ahmad worked as a police detective in Guyana before joining a Guyanese immigration wave to New York City in the early 1980s. Even today, after the arrest of Mr. Ahmad and at least 12 Guyanese real estate workers, most of whom were accused of running similar but smaller-scale schemes, there are more than 30 real estate businesses on the main thoroughfare, Liberty Avenue.
As Ahmad accumulated wealth — one former friend said he was worth at least $20 million in liquid assets — he poured money into charitable and other causes, including the mosque where he prays. He also raised money for politicians like Mr. Meeks and Mr. Sampson.
“Ed used to go around saying he’s befriended politicians, and if he’s ever caught, they’ll help him get off,” said Chuck Mohan, who is the president of a Guyanese civic group in Queens and a friend of Mr. Sampson’s.
In Queens, many people who once jockeyed for Mr. Ahmad’s attention, like radio and television talk show hosts, are keeping their distance. But his defenders questioned why the government was prosecuting immigrant brokers even as it bailed out banks.
“We are innocent victims of the economic frenzy and implosion that America is going through,” said Kawal Totaram, a real estate lawyer and friend of Mr. Ahmad’s.
Mr. Saha and Mr. Husain, who took the 12.5 percent loan arranged by Mr. Ahmad, said their lives remained in turmoil. They have been unable to start a new business because of a lack of capital, Mr. Husain said, and Mr. Husain’s three children are supporting him financially.
That, Mr. Husain said, is not how life should turn out.
“When you purchase a property, you think, ‘This is it!’ ” he said. Instead, he said, he felt overwhelmed by “depression and anger issues, and hopelessness.” (New York Times)