A 30-year-old medical doctor from Cherry Gardens, St Andrew, has pleaded guilty to her involvement in an elaborate mortgage and real estate fraud scheme that allegedly defrauded several Jamaican banks of approximately $600 million.
Chloe Douett was convicted in the St Catherine Circuit Court on July 24 on an eight-count indictment, according to the Court Administration Division.
Seven of the charges relate to the multimillion-dollar fraud scheme. They include conspiracy to defraud, two counts of uttering forged documents, demanding property on forged documents, possession of identity information, obtaining property by false pretence, and use of criminal property.
Douett was also convicted for failing to securely store a licensed firearm and ammunition.
She is one of four people arrested and charged in January following a multiagency investigation led by the Major Organised Crime and Anti-Corruption Agency (MOCA), with assistance from the Financial Investigations Division.
Investigators allege that the scheme operated for about 14 months, beginning in January 2023, and involved the creation of forged driver’s licences, birth certificates, marriage certificates and taxpayer registration numbers using fictitious identities.
The documents were allegedly used to fraudulently obtain replacement titles for upscale properties in St Andrew. The properties were then allegedly “sold” to accomplices through mortgage loans secured from unsuspecting financial institutions.
One of the other accused, Dwayne Pitter, allegedly used the fictitious name Odain Anthony Lawes to obtain approximately $352 million in mortgage financing from four banks within one month in 2024.
Pitter is facing 44 criminal charges in three cases connected to the alleged scheme.
The Court Administration Division has not yet provided an update on the status of the cases involving the other three accused.
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