Good Labour Day in St Elizabeth 11:53 PM
Portmore lock-up escapee recaptured 11:43 PM
Homestead Place of Safety gets $600k LIME Labour Day facelift 3:17 PM
New Victory Theatre offers Bob Marley, Shakespeare 2:54 PM
Assorted ammo seized in Irish Town 2:35 PM
Would-be victim disarms robber 2:20 PM
MoBay Sound Ruption on Labour Day 1:49 PM
2013 hurricane names released, Sandy retired 1:34 PM
Portlanders lending a hand on Labour Day 12:38 PM
Free burgers for life 12:11 PM
News
20 Puerto Ricans accused of loan scam
Friday, July 20, 2012
SAN JUAN, Puerto Rico (AP) — Twenty people including a Puerto Rico basketball player have been accused of making false statements on loan applications to obtain federal funds as part of a US$1.4- million fraud scheme.
The US Attorney's Office says the suspects are accused of recruiting and paying people to apply for US Federal Housing Administration loans using false information and then distributing the proceeds among themselves. Authorities said yesterday that the alleged scheme ran from December 2008 to April 2010.
Among those accused of signing initial loan applications is Lee Arcia Centeno, who played in the island's Superior Basketball League for 15 years.
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