Guyanese man jailed for 21 years over US$50M Florida real estate scam

A Guyanese man Ravindranauth `Ravi’ Roopnarine was on Thursday jailed in a Florida, USA court for just for 21 years following conviction in a US$50 million mortgage fraud scam. He also has to make restitution of just over US$9M for the Florida real estate fraud. In March this year, Roopnarine was found guilty in US District Court of wire fraud, mail fraud and conspiracy to commit wire fraud and mail fraud. On Thursday, Judge Jose E Martinez sentenced Roopnarine, 56, to 262 months of jail on the three counts. The sentences will run concurrently, according to court documents seen by Stabroek News. The US had sought a maximum of 327 months. The court also set out how restitution should be made.