A MAN, who allegedly committed several counts of fraud in 2018, on Friday appeared in the Georgetown Magistrates’ Court and was released on a total of $125,000 bail by Magistrate Faith McGusty. Kavil Reece of Durban Street, Lodge denied all of the charges that were read to him. It is alleged that the accused, on August 3, 2018, at Georgetown, with intent to defraud, obtained the sum of $3M from Clement Glasgow, by falsely pretending that he was in a position to sell a property situated at Lot 60 Barima Avenue Bel Air Park, Georgetown, knowing same to be false.

It is alleged that he on August 23, 2018 at Guyana Revenue Authority (GRA), Lot 200 – 201, Camp Street, Georgetown, with intent to defraud, uttered to Tredessa Emanuel, a GRA Clerk II, one application for a Land Compliance Certificate, knowing same to be forged. Further, it is also alleged that on September 23, 2018, at Georgetown, with intent to defraud, he obtained the sum of $250,000 from Clement Glasgow, by falsely pretending that he was in a position to sell a property situated at Lot 60 Barima Avenue Bel Air Park, Georgetown, knowing same to be false.

According to the facts, Glasgow is known to Reece. During the month of August 2018, Reece contacted Glasgow informing him that he has a Power of Attorney to sell a property located at Lot 60 Barima Avenue Bel Air Park, Georgetown, for the price of $7M. Glasgow agreed to purchase the property and paid $3.25M. Together with his payment, Glasgow repaired the property which amounted to $12,000,000. Reece subsequently visited the GRA where he submitted a forged application for a Land Compliance Certificate.

However, it was observed by GRA officials that the signature on the document was not that of the owner and that the property was valued at $110,000,000. The matter was reported to the police and an investigation was conducted. Subsequently, Reece was arrested and charged. Magistrate McGusty ordered that Reece be placed on $75,000 bail for obtaining by false pretense and $50,000 bail for uttering a forged document. The matter was adjourned until January 29 and was transferred to Court Two.