Detectives have arrested and charged an American man implicated in land fraud.
He is 69-year-old Samuel Speranza of a California address.
Speranza is facing the charges of forgery, uttering forged documents, conspiracy to defraud and causing property to be transferred by forged documents.
It is alleged that on June 6, 2009, Speranza conspired with his attorney to forge the signature of another individual.
It is further alleged that they used forged documents to secure the transfer of land titles for three properties in St. Ann’s Bay, St. Ann to two companies owned by Speranza and his attorney.
The police say the properties are valued at $1 billion.
Speranzo’s attorney was charged in March 2010 for the same offences.
