Man on fraud charge over proceeds from furniture sale

A man was yesterday placed on $400,000 bail after he was charged with fraudulent conversion.

Zou Kim, 36, of Block ‘7’ Mahaica, East Coast Demerara, pleaded not guilty to the charge when it was read by Chief Magistrate Priya Sewnarine-Beharry at the Georgetown Magistrates’ Court.

It is alleged that on April 7, 2012, at Vergenoegen, Essequibo, being entrusted by Clement Tameshwar, Kim received a quantity of furniture,