Georgetown: Fraud accused granted $900,000 bail

Georgetown, Guyana: Nobert Bailey, a 59-year-old man and a father of three, was granted bail for $900,000 on fraud-related charges in Georgetown.

It is to be noted that a middle-aged man appeared in the Georgetown Magistrates’ Courts before Magistrate Dylon Bess on Friday. He is identified to be from Diamond, East Bank Demerara (EBD).

Notably, an unrepresented Bailey faced six charges to which he was not required to enter a plea. He is accused of taking $796,000 from six persons through fraudulent means between November 14 and December 8, 2023, at Georgetown.

He collected the amount by falsely pretending that he was in a position to grant them cash loans and purchase a car for them when he was not in a position to do so.

Additional details of fraud

Notably, he has obtained money from multiple people, such as,

– $120,000 from Onicka Nedd

– 120,000 from Kevin June

– $85,000 from George Springer

– $100,000 from Anandy Blair

– 150,000 from Jacklyn Blair

This information has been given according to testimony given in the court. Moreover, he was charged with receiving $221,000 from Oliver Latchmie on the false pretence that he could purchase a car for him.

Police prosecutor Christopher Morris was strongly against the defendant being released on bail due to the seriousness of the charges and the fact that there are still pending cases against him at the Georgetown Magistrate Court for similar offences.

Noting this, since the officers are still investigating similar allegations against Bailey, the prosecutor said further charges would be filed against him. Notably, Morris told the court that Bailey was a flight risk and the police could not locate him at the address he gave during the investigation.

As a consequence, Morris said that Bailey should not be released on bail.

However, Magistrate Base announced that he was willing to post bail if Bailey surrendered his passport (which he said was valid) to the court clerk and reported to Brickdam Police Station every Monday until the charges were laid.

It is to be noted that bail of $150,000 was granted for each charge, a total of $900,000. Bailey is due back in court on February 9, 2024.

In addition, last year, Bailey and his employer, Clayton Allen, the man behind the micro business developers and consultancy company, faced multiple charges in connection with the loan scam. Unfortunately, these cases are still pending.

Notably, a 63-year-old Allen from South Better Hope at East Coast Demerara (ECD) was sentenced to 36 months of imprisonment in 2018.

He was found guilty on a charge related to him receiving six motorcars from an auto dealership by emitting a forged cheque for $26.3 million.