FORMER acting operations manager of the failed Caldon Finance Group, Nicole Fullerton, had her $6 million bail extended until March next year, when she appeared at the Corporate Area Resident Magistrate’s Court on Thursday.

Resident Magistrate, Judith Pusey, granted Fullerton’s attorney, Jacqueline Samuels-Brown’s, application for a bail extension after hearing that preparations were under way to sell a family holding in order to acquire funds to compensate businessman Colin Karjohn, after she was found guilty of fraudulently converting $15 million belonging to Karjohn.

Fullerton was warned by RM Pusey that compensation would go a far way in influencing the route the court would take when sentencing her.

She was arrested in April 1999 after the Caldon Finance Group collapsed during the meltdown of the financial sector in the 1990s.

Fullerton was held by immigration police at the Norman Manley International Airport a few days after she was found guilty of three charges of fraudulent conversion. She was, however, granted bail the following day after it was discovered that no stop order was issued against her, and her travel documents were not ordered to be surrendered.

She is scheduled to return to court for sentencing on March 1 next year.