Man on $153.8M fraud charge granted $5M bail

DUSTIN Gonsalves also known as Stephen Ross, 24, of Lot 66 Pine Avenue, Bel Air Park, has been charged with uttering a forged document, endeavouring to obtain upon a false instrument and forgery. He appeared before Magistrate Hazel Octive-Hamilton yesterday but was not required to plea to the indictable charges, one of which stated that, on August 12, with intent to defraud, he forged a Bank of Guyana cheque for $153.8M payable to Ross Mining.
Another charge said that same date, with intent to defraud, he endeavoured to obtain $43M from Catherine Paul, an employee of Citizens Bank, by virtue of a Bank of Guyana cheque for $153.8M, payable to Ross Mining.
The third charge said he, also with intent to defraud, uttered to Catherine Paul, an employee of Citizens Bank, the forged $153.8M cheque payable to Ross Mining, knowing it to be false.
Police Sergeant Lionel Harvey, prosecuting, did not go into details of the case but requested that bail be substantial to ensure the accused returns to Court.
After his lawyer, Mr. Sase Gunraj told the court, Gonsalves has never been in trouble with the law and is not a flight risk, the latter was ordered to post $5M surety and report to Brickdam Police Station, also in Georgetown, every Monday until October 25.

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