Man fleeced buyer of $1M in bike sale – court hears

Sayanand Persaud

Accused of evading police for over a year after allegedly fleecing a man of more than $1M as payment for a bike that was never delivered, Sayanand Persaud was yesterday placed on $350,000 bail after being arraigned on a fraud charge.

Persaud, 34, of Lot 1070 Section ‘A’ Block X, Dia-mond Housing Scheme, pleaded not guilty when the charge was read to him by Magistrate Fabayo Azore at the Georgetown Magistrates’ Courts.

It is the police’s case that between December 1, 2012 and January 31, 2013, Persaud obtained $1.1M from Paul Ramsarran by