A businessman behind Micro Business Developers and Consultancy Company and one of his employees appeared in a city court yesterday where they were jointly charged with fraud.
The accused are 62-year-old Clayton Allen, of South Better Hope, East Coast Demerara (ECD) and Nobert Bailey, 59, of Diamond Housing Scheme, East Bank Demerara (EBD), before Senior Magistrate Leron Daly, who read the charge to them.
The joint charge alleges that the duo between November 2, 2021 and July 18, 2022, with intent to defraud, obtained the sum of $1.1 million from Lindel Toney by falsely pretending that they were in a position to lend the woman $45 million.
Both defendants pleaded not guilty.
During the hearing, Prosecutor Christopher Morris objected to bail being granted for the two men while pointing out that Allen is a known offender to the police and that he was sentenced in 2018 for a similar matter.
Morris also added that Bailey was previously charged with forgery and simple larceny, and that there are several ongoing investigations concentrated on the two men.
Upon hearing the prosecutor objecting to bail, attorney-at-Law Dexter Todd, who represented Allen, said that his client’s conviction and sentence have since been appealed. He also added that Allen’s company was having minor financial problems since for a period of time his client was unable to access his money.
Allen was eventually remanded to prison while Bailey was released on $300,000 bail, along with conditions that he lodge his passport and report to the Criminal Investigation Department (CID) Headquarters every Monday until the conclusion of the matter, which was adjourned until October 14.
In November, 2018, Allen was sentenced to 36 months imprisonment for defrauding a man of over $26 million by forging cheques at the conclusion of an almost year-long trial.
Allen was also sentenced in the previous year to 46 months imprisonment for defrauding a woman of $415,000 by pretending that he was in the position to grant her a $3.4 million loan.
However, Allen appealed and was granted bail.
