A Diamond man was granted his release on a total of $800,000 bail last Friday after he denied eight counts of fraud.
Jason Aaron was brought before Magistrate Judy Latchman, who read the charges to him.
The first charge stated that Aaron, 32, of Lot 232 Block X, Section B, Diamond Housing Scheme, on May 16th, at Georgetown, forged an irrevocable power of attorney.
Magistrate Latchman then read seven other charges against Aaron, which involved the same complainant, Keron Rasiawan, from whom he allegedly obtained $416,000 in total in October, 2017, by falsely pretending he had money in his bank accounts to honour various cheques.
After the charges were read, Aaron pleaded not guilty.
Police prosecutor Arvin Moore then made no objection to bail being granted. According to Moore, the accused and the complainant have known each other for about a year and a half. He added that the complainant is the owner of several high profile properties in Guyana and would have entered into business with the accused. The prosecutor noted that the defendant would usually purchase items from Rasiawan and would pay with cheques. However, the complainant later learnt that the accused had no money in his accounts.
According to the prosecutor, Aaron also has a forgery case before Magistrate Faith McGusty.
Magistrate Latchman later granted the accused $100,000 bail on each charge, for a total of $800,000.
The matters were then adjourned until today, when they will be heard in the courtroom of the Chief Magistrate.