27 Aug 2003

US prosecutors credit Samoa government over recovering of millions

4:04 pm on 27 August 2003

American government prosecutors have credited the Samoan government for helping recover more than 20 million US dollars hidden by fraudsters in nine bank accounts.

The ANZ accounts in Apia had money from a investment scheme that operated out of Seattle, Washington.

Six defendents, including American Samoan William Cravens, have either pleaded guilty or been convicted during a trial on charges of fraud and conspiracy.

The defendants defrauded more than three thousand people in the US and Canada of about 76 million US dollars over a four-year period.