MIAMI — Guyanese gold mining tycoons Nazar Mohamed and his son Azruddin Mohamed are both wanted in Miami.
As they fought their extradition in Guyana, federal prosecutors released a statement on Friday announcing they had been charged in a $50 million tax evasion and money laundering scheme.
Azruddin Mohamed, 38, an incoming member of Guyana’s parliament as the leader of the We Invest in Nationhood party, lost the presidential election to Irfaan Ali, who voters re-elected for a second term.
In 2024, the U.S. sanctioned them over accusations of public corruption and seized about $5.3 million in gold bars at Miami International Airport.
A federal grand jury in Miami indicted them on Oct. 2. Guyanese law enforcement arrested them on Oct. 31 in Georgetown. A Guyanese judge released them on a $750 bond.
The indictment alleges that Mohamed’s Enterprise, a gold wholesaler with buyers in Miami and Dubai, avoided paying taxes and royalties on shipments from 2017 to June 2024.
They allegedly reused official government seals and paid bribes in a scheme that cost the Guyanese government about $50 million, according to the indictment.
Azruddin Mohamed also allegedly evaded over $1 million in Guyanese taxes to ship a Lamborghini from Miami to Guyana in 2020, according to the indictment.
Azruddin Mohamed faces charges of conspiracy to commit money laundering and wire fraud.
Nazar Mohamed faces charges of conspiracy to commit money laundering, conspiracy to commit mail and wire fraud, and mail fraud.
Homeland Security Investigations Miami and New York, IRS Criminal Investigation, and the U.S. Marshals Service were among the federal agencies involved in the investigation.
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