• Contact Us
  • Advertise with us!
  • Classifieds
Tuesday, April 28, 2026
  • Login
Demerara Waves Online News- Guyana
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
Demerara Waves Online News- Guyana
No Result
View All Result
Home Business

Suspect in ‘staged’ multi-million dollar robbery arrested; GY$8 million recovered

Denis Chabrol by Denis Chabrol
Thursday, 7 November 2024, 9:03
in Business, Crime, News
0 0
0
Suspect in ‘staged’ multi-million dollar robbery arrested; GY$8 million recovered

Mr Paramdeo Victor and the money police said they recovered from his staged robbery

Last Updated on Thursday, 7 November 2024, 20:21 by Writer

Mr Paramdeo Victor and the money police said they recovered from his staged robbery

A man, who allegedly staged a multi-million dollar robbery and made a false report to police, was arrested on Wednesday and police are searching for his accomplice.

The prime suspect, 37-year-old Paramdeo Victor of Rosignol, West Coast Berbice, has since recovered a total of GY$8 million: GY$2 million from his car and GY$6 million in a washing machine at his residence.

Police said the man claimed that he was transporting GY$10,250,000 in his car from a cambio on King Street, Georgetown. He said he was attacked and robbed by three men with guns, wearing ski masks and dark clothing, at Unity, Mahaica Old Road, at about 11:00 hrs. “He claimed the gunmen braced him off the road with another car before robbing him,” police said.

Police said the man visited the Mahaica Police Station at 12:30 p.m. and made the robbery report.

Investigators said Mr Victor informed them that he was taking the money to a jeweller in Rosignol.

After being questioned by criminal investigation detectives, the man’s claims were suspected to be fictitious, and this led to further questioning.

“Victor later confessed that he had made a false report, and he actually staged the robbery to steal the money from the owner he was transporting it for. He then took the ranks to a certain area of his car and removed the $2 million that he had hidden,” the Guyana Police Force (GPF) said.

Police said he further revealed that the other amount was with his accomplice at Ithaca Village, West Bank Berbice.

At about 7 p.m. Wednesday, police said they travelled with Mr Victor to Ithaca, then back to his residence at Rosignol and located $6 million cash in a black plastic bag stashed in a washing machine.

Police said they were looking for the alleged accomplice, Cornell Taylor, also known as ‘Rastaman’, as well as the remaining cash.

Share this:

  • Print (Opens in new window) Print
  • Email a link to a friend (Opens in new window) Email
  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Telegram (Opens in new window) Telegram
  • Share on WhatsApp (Opens in new window) WhatsApp

Discover more from Demerara Waves Online News- Guyana

Subscribe to get the latest posts sent to your email.

Tags: arrestmulti-million dollar robberyWest Coast Berbice
Previous Post

Guyana to produce livestock vaccines – agri minister

Next Post

PPP will “debunk” opposition lies to US when Trump takes office

Next Post
PPP will “debunk” opposition lies to US when Trump takes office

PPP will "debunk" opposition lies to US when Trump takes office

Recent News

EPA seeks satellite images to probe fishermen’s reports of sea pollution

OPINION: Nah dutty the place, man. Start with yourself.

Tuesday, 28 April 2026, 19:20
OPINION: Charles Ramson, Jr. for president, not just yet

OPINION: Wales -where’s the mastermind?

Tuesday, 28 April 2026, 19:13
BROOCH GATE: CARICOM Secretariat cautions member states against attempts to legitimise claims

BROOCH GATE: CARICOM Secretariat cautions member states against attempts to legitimise claims

Tuesday, 28 April 2026, 18:02
Guyana formally protests CARICOM leaders’ tolerance of Venezuelan President’s Essequibo brooch

Guyana formally protests CARICOM leaders’ tolerance of Venezuelan President’s Essequibo brooch

Tuesday, 28 April 2026, 13:58
Guyana minister raps CARICOM nations for indulging Venezuela President with Essequibo brooch

Guyana minister raps CARICOM nations for indulging Venezuela President with Essequibo brooch

Tuesday, 28 April 2026, 9:01

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 156.7K other subscribers

Demerara Waves Media Inc. is a Guyana-based digital news media company committed to delivering timely, credible, and relevant news coverage. We report on key national issues, including politics, business, crime, education, health, sports, and culture, serving readers in Guyana and abroad.

Other News and Opinion Wesbsites

  • Caribbean Political Economy
  • The View From Europe
  • Pan Caribbean Voices
  • Huffington Post
  • Caribbean Life
  • New York Daily News
  • New York Post
  • Share News
  • Caricom Headquarters
  • Association of Caribbean States
  • Organisation of Eastern Caribbean States

Recommended News Links

  • Insight Guyana
  • BBC Latin America
  • Prensa Latina
  • Mercopress
  • Inter Press Service
  • Caribbean Media Corporation
  • Al Jazeera
  • Voice of America
  • Business News Americas
  • All Africa
  • Catholic News Agency
  • Xinhaunet China News Agency
  • Home
  • News
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.