Charges have been laid against the four people taken into custody in connection with an organized fraud scheme targetting Sagicor Group Jamaica Limited.
Michael Fenton of Trevennion Road, Orlando Breakenridge of Rock Hall, Cebert Watt of Red Hills Road, and Michael Douse of Studio One Boulevard, all from Kingston and St. Andrew, were charged with Conspiracy to Defraud, Possession of Criminal Property, Receiving Stolen Property and Engaging in a Transaction Involving Criminal Property.
Mr. Fenton was additionally charged with Possession of and Dealing in Ganja.
Members of the Major Organised Crime and Anti-Corruption Agency (MOCA), the Counter-Terrorism and Organised Crime Branch and other units of the Jamaica Constabulary Force staged simultaneous operations at the men’s homes yesterday.
This was part of an ongoing investigation into allegations of forgery and fraudulent payments involving contractors and employees of Sagicor.
According to MOCA, the scheme alleged to have taken place between 2016 and 2019, unravelled in April 2019.
During this period, it is alleged that contractors employed by Sagicor Group, acting in collusion with employees of the company, submitted multiple interim payment certificates and invoices for work purportedly completed at properties owned or managed by Sagicor Property Services.
MOCA notes that it was then discovered that the documents, including the signatures of authorized signing officers, had been forged.
The four men are to appear in the Kingston and St. Andrew Parish Court on Friday, December 20.
