DANIEL Gilford, 44, of Lot 125 Cummings Street, Alberttown, Georgetown, was yesterday fined $30,000 with the alternative of 18 months imprisonment, on conviction for simple larceny.

Acting Chief Magistrate Melissa Robertson imposed the monetary penalty on him after the defendant pleaded guilty, admitting that, on August 26, at Regent and Cummings Streets, he stole a bicycle, valued $13,500, belonging to Eon Aladin.

Gilford said he worked for Aladin as a handyman and had gone to buy high wine for Aladin when the bike was stolen.

However, Police Inspector Denise Griffith, prosecuting, said the owner lent Gilford the cycle and the latter sold it.