A 40-year-old San Fernando businesswoman was granted $500,000 bail by a Justice of the Peace last Tuesday for nine offences linked to vehicle fraud reports.

On October 24th, Terkessa Brereton-Duncan was charged with five counts of Money Laundering totaling $154,700; Larceny in the amount of $153,000; Fraudulent Conversion in the amounts of $57,000 and $161,000; and Uttering a Forged Valuable Security.

She is now expected to appear before the San Fernando Magistrates’ Court on December 14th, 2023.

The accused was arrested following an investigation into reports of several persons handing over down payments to a woman believed to be from a Roll on Roll Off company.

The woman was never in a position to execute their transactions and efforts to retrieve the money proved futile.