Guyanese businessman Ed Ahmad, who has been indicted in New York over a US$50 million mortgage fraud, is expected to plead guilty early next month, according to court documents seen by this newspaper.
According to a letter to presiding Judge Dora Irizarry, seen by this newspaper and which was filed yesterday by Assistant United States Attorney Alexander Solomon, Ahmad’s case was adjourned yesterday to October 10 for a “guilty plea.”
As a result, Solomon said that the prosecution and the