i would like you guys to post this story along with the woman picture on your website.
kamla maiden name was kamla ramkissoon. she is the sister of swami shiveshwanananda (real name baskar ramkissoon).
this is no joke…i think your site will do justice to inform all about this.
Feds: Millions stolen through temple account
Indictment alleges Schenectady couple used account in fraud
By BRENDAN J. LYONS, Senior writer
First published: Thursday, October 1, 2009
ALBANY — A husband and wife from Schenectady were arraigned on a federal indictment Wednesday charging them with bank fraud and money
laundering in connection with a $3.5 million scheme that included funneling more than $2.4 million in unclaimed funds through a Hindu temple bank account.
An indictment accuses Baldeo and Kamla Sahabir of participating in a fraud for about five years and relates to a case in which more than $3.5 million in unclaimed funds were stolen from a Manhattan bank.
The couple were brought before a federal magistrate Wednesday on a 10-count indictment that stems from a years-long investigation by the U.S. Secret Service and State Police. The couple have strong ties to a Hindu temple, American Seva International on Paige Street in Schenectady, which was allegedly used to launder $2.4 million, court records show.
Baldeo and Kamla Sahabir work in real estate and live on Willowcreek Avenue in Schenectady’s Woodlawn neighborhood, records show. They were released on $500,000 bond each, secured by $50,000, during their initial appearance on the indictment before U.S. Magistrate Judge Randolph F. Treece.
Kamla Sahabir is an agent with Prudential Manor Homes who has been active in the community, including work to bring Guyanese immigrants from downstate. In 2005, Mayor Brian U. Stratton backed Kamla Sahabir for a city planning commission seat. She moved to Schenectady from Queens in 2002.
The couple could not be reached for comment late Wednesday.
The indictment is related to the August 2007 arrest of a former bank manager, Lal B. Singh of New York City, on charges including conspiracy to commit mail fraud. Singh pleaded guilty to a related charge last December and has cooperated with the government’s investigation.
Singh’s crimes stem from his work at the Bank of New York in Manhattan, where he oversaw unclaimed funds related to bond holders who didn’t cash securities.
State law mandates unclaimed funds must be sent to the state comptroller after three years.
But, according to court records, Singh had access through his job to a database of unclaimed funds and he used the information to set up phony payouts to accomplices.
In 1996 Singh started making wire transfer requests from the unclaimed funds accounts to the accounts of individuals with whom he was connected, including Baldeo and Kamla Sahabir.
”Between 1996 and 2007, Singh caused approximately $3.6 million in unclaimed funds to be transferred from the Bank of New York to other accounts that were in the names of associates,” according to an affidavit by a special agent with the U.S. Secret Service.
Singh got some of the money.
More than $2.46 million of the money was funneled into the bank account of America Seva International, a non-profit Hindu group in Schenectady connected to Baldeo and Kamla Sahabir. American Seva was founded in 1996 in Queens, and relocated to Schenectady in 2003, records show.
The $2.46 million was wired into the Hindu organization’s bank accounts by Singh using 286 wire transfers between July 2003 and May 2007, records show.
The details of the indictment against Baldeo and Kamla Sahabir were not available late Wednesday.
But court records from Singh’s case show that $191,200 was funneled to him in the form of checks written to cash that were cashed at the Rotterdam branch of Bank of America. The checks listed the name ”Lal Singh” in the memo line, records show.
Another $334,900 in checks were written to an unidentified individual who sold property in Queens to Singh for $425,000. Also, $288,400 in checks were written to Singh’s wife and deposited into account a New York Community Bank, court records show.
Staff writer Paul Nelson contributed to this report. Brendan J. Lyons can be reached at 454-5547 or by e-mail at firstname.lastname@example.org