A federal grand jury in Miami has indicted Azruddin Mohamed, a recent presidential candidate from Guyana, and his father, Nazar Mohamed, on charges related to a $50 million tax evasion and money laundering scheme. The indictment accuses the Mohameds, owners of a major gold wholesaler, of implementing a fraudulent system that concealed the true value of gold exports to evade taxes and royalties, allegedly depriving the Guyanese government of significant revenue from 2017 to 2024.
Investigators reveal that the duo employed deceptive practices, including reusing official government seals and bribing customs officials to facilitate their operations. In a particularly striking detail, authorities have seized about $5.3 million in gold bars linked to their enterprise at Miami International Airport. As Azruddin Mohamed also enters parliament following his presidential bid, the case has raised concerns about the intersection of politics and alleged corruption in Guyana.
Read full story at cbs12.com
