Stan Gouveia facing more embezzlement charges

Stan Gouveia, a DJ, television and radio host,  made another court appearance yesterday at the Georgetown Magistrate’s Court to face additional charges of embezzlement and fraudulent conversion.

Gouveia, 34, of 416 Cane View Avenue, South Ruimveldt, pleaded not guilty to two counts of embezzlement and one count of fraudulent conversion after they were read to him by Acting Chief Magistrate Melissa Robertson.

It is also alleged that between December 1 and 31 last year, Gouveia who was then employed as a clerk at Commodities Store Inc., an outlet of Fidelity Investments Inc., embezzled $10,000 from Khemsoon Lee when  he was supposed to have turned the money over to the store.

It is alleged too that between October 1 and December 31, Gouveia was entrusted with 101 cases of Polar Ice beer valued $404,000 from  Commodities Store and  was supposed to sell it on behalf of the store but he converted it to his own uses and benefits.

It is further alleged that on January 11 this year, Gouveia embezzled $24,000 from Mark Collin and put the money to his own uses and benefits instead of turning it over to the store.

However, Gouveia’s lawyer Patrice Henry applied for reasonable bail on the grounds that his client was well known and that he had strong ties in Guyana. The lawyer also stated that his client posed no risk of flight.

The prosecution made no objection to the bail application but  stated that Gouveia had a similar matter pending in the court and  he had indicated that he was willing to repay Collin the money  he had allegedly embezzled.

The magistrate subsequently placed Gouveia on $160,000 bail and transferred the case to Court Three for April 30.

On Gouveia’s first court appearance in February before Magistrate Robertson he pleaded not guilty to another embezzlement charge and was placed on a $70,000 bail.

He was then represented by attorney-at-law Paul Fung-A-Fat who had told the court that his client was “working out the matter with Fidelity.”

The prosecution had noted in that case that Gouveia was an executive promoter of Fidelity Investments Inc.