Carlos Hill to be tried in June

THE fraud trial of alleged ponzi schemer Carlos Hill is scheduled to start in the Home Circuit Court on June 13.

The date was set today when Hill, the former head of the failed Cash Plus scheme, appeared in court.

An April 15 date was also set for the matter to be mentioned before trial to ensure the serving of the relevant documents in the matter.?

Hill, who is on $15 million bail, will face trial on a charge of fraudulently inducing persons to invest, which could land him seven years behind bars if convicted.?

The charge stems from the collapsed billion-dollar ponzi scheme that Hill operated five years before its collapse in 2008.

Jamaica Observer

Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at https://bit.ly/epaper-login

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy