Ghanaian Wall Street financier arrested for fake loan deals – Report
A Ghanaian man, working as a financier in Wall Street, New York City, has been arrested for hatching a scheme that enabled him to steal $800,000 from his clients, according to a report by the New York Post.
The man, 59-year-old Anthony Nyame and resident of The Bronx, is the CEO of General Capital Corportation. He was arrested Wednesday April 26, 2017, for allegedly falsely telling his victims that he could arrange millions of dollars in loans for them if they fronted thousands in collateral, the report says, citing authorities.
The report citing information from the office of the Attorney General of New York, Eric Schneiderman, said in one instance, Nyame allegedly promised to obtain a $30 million loan for a Bronx church that wanted to construct a multifamily building on their property if they handed over $375,000.
Mr. Nyame, the report says instead of using the funds to secure loans for his clients, allegedly transferred the money to his personal bank account.
He allegedly blew $47,000 on rent for his Financial District pad and transferred hundreds of thousands of dollars to multiple companies and people around the world, the report cited authorities saying.
Officials also told the New York Post that to further the scheme, Nyame sent the clients fake e-mails and documents purportedly from the Treasury Department claiming the loans were being verified and approved.
He has been arraigned on charges of grand larceny, criminal possession of a forged instrument and scheme to defraud, the report said.
By Emmanuel K. Dogbevi