A Diamond Housing Scheme man was yesterday granted bail after he denied a charge of being in possession of $325,000 in counterfeit $5,000 notes.
The charge was read to Alston Pierce, 23, by acting Chief Magistrate Sherdel Isaacs-Marcus in a Georgetown court.
It is alleged that Pierce, on January 25th, at Stabroek Market, with intent to defraud, knowingly had $325,000 in forged currency, consisting of $5,000 bills, in his possession. Police had previously said that an intelligence-led operation resulted in Pierce’s arrest.