(NEWS ROOM GUYANA) — Lindon Stephney, a former Assistant Manager attached to BK International, was on Wednesday charged for uttering a forged cheque for $20.4M during an insurance policy scam at Jags Aviation Inc.
Stephney of East Ruimveldt, Georgetown, appeared before Principal Magistrate Faith McGusty at the Georgetown Magistrate’s Court and pleaded not guilty to the charge.
Particulars of the charge alleged that between July 23, 2018, and August 31, 2018, at Georgetown, Stephney with intent to defraud, uttered a forged invoice to Arthur Gallagher, for payments to be made to Chucks Enterprise in the sum of G$20.4M for annual premium insurance of Jags Aviation Inc, knowing same to be forged.
Stephney was represented by Attorney-at-law Adrian Thompson, who in his bail application, told the court that his client is the sole breadwinner for his four kids.
Police Prosecutor Seon Blackman objected to bail based on the amount of money involved.
Magistrate McGusty, however, released Stephney on $150,000 bail with the condition that he report every Monday to the Criminal Investigations Department. The matter is adjourned until May 8, 2019.