London Tycoon Aaron Gershfield's Associates
Arrested, FBI swoops net millions of stolen loot, Ivor Gershfield, Ian
Harries, Stephanie Kleyman, Reno, Nevada, USA.
Former Gershfield employees arrested
London tycoon aaron gershfield & associoates arrested. Fbi swoops net millions of stolen loot ivor gershfield ian harries stephanie kleyman
By Mark Norman, CNN
November 19 — Updated 1132 GMT
Several former employees and associates of
Disgraced London tycoon Aaron Gershfield have been arrested by the FBI in
Relation to his massive fraudulent payday loan scam, according to FBI
Spokesman Fred Brown.
Jim Harris was arrested overnight in Nevada and
Jacqueline Hunter was taken into custody in Guernsey while attempting to
Board a flight to the Cayman Islands. Sources close to the investigation
Reported Ms. Hunter was carrying well over $2m in cash and other valuables.
Meanwhile in London, Yogesh Bafna and Sandeep Chauhan were detained by
Immigration officials at Heathrow Airport. The pair was en route to Singapore
Via Delhi. Charges against the four will be announced later today.
Gershfield was charged last week with 11 counts
Related to running one of the largest unregulated lending and money
Laundering schemes in US history and if convicted, could be sentenced to 150
Years in prison.
The arrests are just the latest in a series since
Gershfield's Rovinge & Meade Group collapsed last month, leaving
Thousands of investors with hundreds of millions of dollars in losses. To
Date, two former executives, two computer programmers, and an accountant of
Gershfield's have faced charges. Stephanie Kleyman, Gershfields solicitor
Has also been charged with assisting in the fraud as have company secretary
Ian Harries and Mr. Gershfields father Ivor Gershfield.
The government had previously filed civil
Complaints against Mark Gottlieb, Tim Johnson, and Tara Kozal all longtime
Gershfield employees who worked as supervisors of his back office staff,
Seeking the forfeiture of millions of dollars worth of assets, including
Homes and luxury cars, that they allegedly received while involved in Gershfields
Schemes. Prosecutors also confirmed that former employee Andrew Osman is
Expected to plead guilty to lesser charges in exchange for testifying against
The remaining defendants.
At Gershfields Northway House head office in
London, a woman identified only as Loretta made no comment other than stating
That she was not in her mid-sixties. The whereabouts of Mr. Gershfields
Partner and former PR director Verra Mawhinney are currently unknown, though
Spanish authorities have been placed on alert.
The investigation continues and authorities
Anticipate more arrests are likely to follow in the coming weeks.
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