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Lawsuit Filed Against Oriental Bank Following Arrest of Former Employee Accused of Defrauding 90-Year-Old Man

ST. CROIX — A 90-year-old man from St. Croix is at the center of a growing legal and criminal investigation after allegedly being defrauded of $100,000 by a former bank teller—an incident that has now resulted in both a criminal arrest and a civil lawsuit against Oriental Bank.

On Monday, 29-year-old Jahmaira Farrell, a former teller at Oriental Bank and currently employed as a clerk at the Frederiksted Post Office, was arrested and charged with multiple financial crimes following an investigation by the V.I. Police Department’s Economic Crimes Unit. The investigation, launched on January 29, 2025, began after the elderly victim filed a complaint alleging that funds had been fraudulently withdrawn from his account.

Detectives say Farrell exploited her position at Oriental Bank by forging the victim’s signature to close a certificate of deposit and issuing a $100,000 manager’s check to an accomplice—without the victim’s knowledge or authorization. That check was reportedly deposited into the accomplice’s Banco Popular de Puerto Rico account. Investigators said $60,386.49 was wired to Metro Motors Management Incorporation in Florida to purchase a 2022 blue Acura MDX, which is owned by Farrell. The accomplice also allegedly issued a $30,000 check to Farrell, which she deposited into her personal Bank of St. Croix account. The remaining $9,613.51 was reportedly spent by the accomplice through Banco Popular.

Authorities also discovered additional fraudulent checks tied to the victim’s account, but those fell outside the statute of limitations. Farrell was arrested on June 9 at the U.S. Postal Service facility in Mars Hill, Frederiksted, where she was taken into custody without incident. She was booked and formally charged at the Wilbur H. Francis Command Police Operation building. Farrell now faces charges including obtaining money by false pretense, forgery, uttering or passing forged or counterfeited matters, possession of forged bills or notes, embezzlement by fiduciaries, grand larceny, aggravated identity theft, conspiracy, and financial exploitation of an elderly or dependent adult. Bail was set at $35,000, and unable to post bond, she was remanded to the John A. Bell Adult Correctional Facility pending her Advice of Rights Hearing, which was scheduled for Tuesday, June 10.

On the same day of the hearing, the victim’s niece, Roxanne Richards, who holds power of attorney over her uncle Lennox Cato, filed a civil lawsuit against Oriental Bank in the Superior Court of the Virgin Islands. The lawsuit accuses the bank of gross negligence, breach of fiduciary duty, conversion, breach of contract, and failure to honor its own internal safeguards designed to protect vulnerable clients. According to the complaint, Oriental Bank failed to detect red flags or take action, even after eventually acknowledging the misconduct by its employee.

“It was betrayal in its purest form,” Richards said in a statement. “This wasn’t just money. This was his stability, his security, and his peace of mind.”

The lawsuit specifically cites the bank’s own “Financial Exploitation Protocol,” which it says was disregarded in this case. The protocol is intended to protect elderly and dependent clients from financial abuse—the very issue at the heart of the allegations.

Attorney Jacob Gower of Gower Legal LLC, who is representing Richards, noted that the case is about more than just recovering the stolen funds. “It’s about accountability. It’s about ensuring that banks don’t turn a blind eye to fraud, especially when they’ve made public promises to protect people like Mr. Cato,” he said.

The case, titled Richards ex rel. Cato v. Oriental Bank, is pending in the Superior Court of the Virgin Islands. It seeks compensatory, treble, and punitive damages.

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Nonprofit Charity Resurrecting Beloved West End Beach Bar

The Loops Foundation is rebuilding, from the ground up, the former Coconuts Restaurant and La Grange Beach Club on the West End beach, which was destroyed by the 2017 hurricanes.

“It’s going pretty fast, so I’m hoping they’ll open by the New Year,” Rudy Seikaly, the Loops founder, told the Source.

The Foundation was started in 2018 to commemorate Seikaly’s late son, Chris, a musician and artist known as “Loops,” who passed seven years ago. The foundation’s mission is “to empower communities through the arts, technology and education” following Chris’s values of love, creativity, integrity and perseverance.

“This is a legacy project for me in memory of my son, whom I lost at a young age. He went by the artist name Loops.”

The new building will be roughly the same size, with the kitchen and bar on the ground level and a rooftop deck to enjoy the sea view. The patio on the south side will be covered with tables and umbrellas.

Seikaly envisions the food as Mediterranean or a combination of Lebanese and Caribbean. He said he wants it to become the “top local spot where everybody wants to go hang out.”

The Loops Restaurant is on the beachfront across the street from the property Seikaly fenced recently to be used by Ruff Start Rescue for their monthly community dog care clinics.

The civil engineer also purchased more than 13 acres to construct a Loops Village.

The village will comprise several residences, a school, a robotics school, an amphitheater for music and lots of gardens. He said the village should employ 850 people or more to construct and can become a template for villages he would like to build elsewhere in the world.

“This is more a social justice project. While it will have for profit businesses so it is sustainable and provides employment, it will be mostly the social justice work that we want to do,” he said.

Seikaly, a civil engineer originally, came to Puerto Rico and the Virgin Islands after the 2017 hurricanes to advise about rebuilding schools and hospitals. He ended up with a contract to rebuild the Arthur Richards School, the first reconstruction on St. Croix. Only local contractors are being used, so the money stays here.

In the past, Seikaly helped rebuild Beirut after the war in 2006. The organization has supported art and music therapy for children, internet and technology in underserved areas and education and mental health programs for at-risk children.

Some of the worldwide programs supported by the Loops Foundation included a hospital in Sinai, a digital library in El Salvador, tuition assistance for teachers and students in Lebanon, and traumatized youth in Washington, D.C.

“So there’s a lot of stuff that we do all over the world that we want to try to bring here. It’s mostly community support,” Seikaly said.

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Virgin Islands News

Gittens Files Bill to Expand Ethics Complaint Window

When a staffer filed a sexual harassment complaint in March against Sen. Angel Bolques Jr., the expectation was that the Legislature’s Ethical Conduct Committee would review the allegations and deliver a finding. Instead, the case laid bare a weakness in the Legislature’s own rule book: a 60-day filing deadline that stopped the committee from considering some of the most serious claims.
Senators have stated that to protect the employee, they were unable to release the full complaint, though in press releases, the Ethics Committee has said it included allegations of financial mismanagement and creating a hostile work environment, among other things. Rule 810(e) limits the Ethical Conduct Committee to complaints filed within two months of the alleged misconduct, and that restriction put some of the more serious claims out of reach, including at least one incident they said had occurred about six months prior to the filing.
With the scope narrowed, Bolques entered a no-contest plea on July 24 to a single charge — violation of his oath of office — sidestepping the broader accusations.
The full Senate took up the committee’s recommendation for a reprimand in mid-August, but added, on a 7–6 vote, a suspension without pay for 30 working days. Fifteen of those days take effect immediately; the other half are held in abeyance through the end of the year, provided Bolques complies with Senate rules. If he violates the rules again before Dec. 31, the remaining suspension — which Bolques is challenging — will be enforced.
The Legislature’s rules outline how the process is supposed to work. Any person may submit a sworn complaint, but it generally must be filed within 60 days of the alleged violation. If the complainant could not reasonably have known of the conduct within that time, the rules extend the window to 18 months.
Complaints filed within 30 days of an election are returned and may be refiled once the election passes. When probable cause is found, the committee issues a statement of alleged violations, and a disciplinary hearing must be held within 60 days. Afterward, the full Senate has 15 business days to act on the committee’s recommendation, which can range from dismissal to reprimand, suspension, censure, or expulsion. Interestingly, sexual-harassment complaints appear to be handled separately under the Legislature’s harassment policy rather than Rule 810’s deadlines.
Following the Bolques case, committee Chair Sen. Kenneth Gittens told the Source that the 60-day filing rule had “time-barred” the committee from investigating some of the most serious allegations.
“The CEC determined that we were unable to pursue the more serious allegations due to the time limitation outlined in Rule 810(f), which states that ‘a complaint may not be filed more than 60 days after the date of the alleged violation,’” he said Thursday. “After a thorough review, a majority of the CEC members agreed that this restriction unduly limits our oversight responsibilities. As chairman, I submitted an amendment on Aug. five to revise Rule 810(f), allowing the Committee to consider any complaint filed during the current legislative term and up to 60 days into the next term. This change is necessary to ensure that accountability is not obstructed by procedural technicalities.”
Senate President Milton Potter, in a call with the Source, further described the clause as a “loophole” that needed closing. Potter emphasized that the restriction undermines the Legislature’s own oversight function, and said senators were in agreement that reform was necessary. He also pointed out that, under the Senate’s rules, the Ethics Committee can only recommend sanctions; the final word rests with the full body. That balance, he said, should remain — but without technicalities preventing senators from considering the full weight of complaints brought before them.

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