Glendon Fordyce appeared before Magistrate Leron Daly at the Georgetown Magistrate’s Court 2 yesterday charged with converting $4m to his own use.
It was alleged that Fordyce on the April 22 2024 at America Street, Georgetown, received the sum of 4 million dollars which he was entrusted with by Desmond Mingo and which he used for his own personal gain.
He was represented by attorney at law Ronald Daniels who made an application for his bail.
The prosecution did not object to bail being granted but did inform the magistrate that Fordyce is known to the police.
He was placed on $100,000 bail.