A Durban Street man slapped with allegations of fraud
Kaieteur News – A Durban Street man on Friday was slapped with a series of fraud-related charges when he appeared in court and was released on a total of $ 125,000 bail.
The defendant, Kavil Reece of Durban Street, Lodge, Georgetown, was charged with obtaining money under false pretense and consigning a forge document. He made his first court appearance at Georgetown Magistrates’ Courts before Chief Justice Faith McGusty.
The first charge alleged that on August 3, 2018, in Georgetown, with intent to defraud, he obtained the $ 3M sum from Clement Glasgow, by falsely pretending to be in a position to sell property at Lot 60 Barima Avenue Bel Air Park, Georgetown, knowing the same is false.
The second charge, on August 23, 2018 at the Guyana Finance Authority (GRA), Camp Street, Georgetown, with intent to defraud, stated that he had addressed Tredessa Emanuel, Clerk II GRA, one application for a Certificate of Land Compliance, knowing the one thing to be faked.
The final charge alleged that on September 23, 2018, in Georgetown, with intent to defraud, he obtained the sum of $ 250,000, from Clement Glasgow, by falsely pretending to be in a position to sell property at Lot 60 Barima Avenue Bel Air Park, Georgetown, knowing the same is false. Reece denied all three charges.
The court heard that Reece and Glasgow were known to each other.
According to the facts, during August 2018, Reece contacted Glasgow known to him, explaining that he had a Power of Attorney to sell a property located at Lot 60 Barima Avenue, Bel Air Park, Georgetown, for $ 7M.
Upon hearing this, Glasgow agreed to buy the property and make a lower payment of $ 3, 250,000 to Reece. With that payment being made, Glasgow repaired the property which totaled $ 12M.
During the same month, Reece visited the GRA head office on Camp Street where he submitted a false application for a Certificate of Land Compliance. However, it was discovered by GRA officials that the document was not the owner’s signature and that the property was worth $ 110,000,000. The matter was reported to the police and an investigation was launched.
Reece was subsequently arrested and charged.
Chief Magistrate McGusty set Reece at $ 75,000, bail for both receiving money under false pretense charges and $ 50,000, bail for delivering a false document. Reece is expected to make his next court appearance on January 29, 2021 before Senior Magistrate Leron Daly in Court Two.