Man defrauded Demerara Bank of $6.5M -court hears

A man yesterday was accused of obtaining $6.5M from Demerara Bank Limited by false pretence and was admitted to bail in the sum of $700,000 by Magistrate Hazel Octave-Hamilton.

The allegation against Travis Ward, 23, is that on April 21, at Georgetown, with intent to defraud, he obtained the sum of $2.1M from Demerara Bank Limited, by falsely pretending that he was entitled to the said sum from Alfro Alphonso and Sons Limited.

Further, on June 20, Ward is alleged to have obtained $4.4M allegedly by the said means.

The defendant, who resides at 148 Essequibo Street, Lamaha Springs, Georgetown, was not required to plead to the