A 42-year-old man was on Monday charged for allegedly having more than $500, 000 worth of counterfeit United States currency in his possession.

Jermaine Joseph made an appearance before Magistrate Sherdel Isaacs-Marcus at the Georgetown Magistrates’ Court and pleaded not guilty to the charge.

Particulars of the charge stated that, on July 16, 2022, Joseph, Edmond Griffith and Delon Nurse were found in a room on Robb Street, Georgetown, with 28 counterfeit United States $100 bills.

Magistrate Sherdel Isaacs-Marcus issued arrest warrants for Griffith and Nurse as they failed to appear in court to answer to the joint charge.

The police prosecutor objected to bail being granted, given the amount of counterfeit currency that was found.

However, Magistrate Isaacs-Marcus granted bail to Joseph in the sum of $150,000 and adjourned the matter until January 23, 2023.