A businessman was yesterday refused bail and remanded to prison after being charged with conspiring to defraud a bank of $75M.
The charges read by Magistrate Faith McGusty to Neville Spencer, 41, stated that during the month of September, 2010, with intent to defraud $75,000,000 from the Guyana Bank for Trade and Industry (GBTI), he knowingly signed 20 bank cheques knowing them to be false. Spencer, of Lot 108 West Ruimveldt Housing Scheme,
