RAWLE Peters appeared on Tuesday before Chief Magistrate Ann McLennan on two fraud charges.

One allegation is that on February 22, 2018 at Georgetown while being a clerk at De Sinco Limited, Peters fraudulently embezzled $164,000, taken by him in the name of the company.

It was further alleged that on February 25, 2018 at Georgetown while being the clerk or servant, Peters fraudulently embezzled $288,000 taken by him in the name of De Sinco Limited.

The 33 year-old denied the charges and prosecutor Gordon Mansfield had no objection to bail.

The accused was thus granted bail in the sum of $200,000 on the condition that he reports to the CID headquarters every Friday until the matter is closed.
The case was adjourned for June 1, 2018.