A stolen cheque, fraudulently inflated by 1,000%, has resulted in a man being granted $400,000 bail.
The charges follow an investigation by the Anti-Corruption Investigations Bureau into the altered cheque from the Siparia Regional Corporation.
The accused appeared in the San Fernando Master’s Court yesterday charged with uttering a forged document, obtaining money by false pretences, and three counts of money laundering.
Police said the cheque, originally issued to a legitimate supplier, was fraudulently increased, resulting in $300,000 being deposited into the accused’s account.
This was then withdrawn in three separate transactions.
The accused is expected to return to court on July 7th.
