Three arrested by MOCA over ‘elaborate’ multimillion-dollar fraud against several financial institutions

The Major Organised Crime and Anti-Corruption Agency (MOCA) is reporting that it has arrested three suspects - a man and two women - in connection with a multimillion-dollar fraud investigation affecting several financial institutions.

The 44-year-old man and two women, ages 37 and 40, were nabbed following a series of coordinated operations across several parishes between January 13 and 16.

MOCA, in a release on Wednesday, stated that the man was arrested at his Kingston address last Wednesday, while the women were arrested in Montego Bay and Portmore, last Wednesday and Friday, respectively.

According to the agency, the three persons are suspected of carrying out an elaborate and highly sophisticated multimillion-dollar fraud scheme targeting several financial institutions between January 2023 and April 2024.

MOCA’s Director of Communications, Major Basil Jarrett, said the arrests represent a major breakthrough in a very unique, elaborate, and complex fraud case that has been on the agency’s radar for at least two years.

The three are expected to be charged later this week with various offences.

Jarrett said that more details will be provided as soon as the three are charged.

He is also reminding persons who have information on financial and other organised crime to report it to the agency’s tip hotline at 888-MOCA-TIP.

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