2011-05-08 12:36:03

http://go-jamaica.com/news/read_article.php?id=28558

A St. Catherine businessman is to appear in the Corporate Area Resident Magistrate's Court tomorrow on money laundering and fraud charges.

He is 42-year-old Sean Green, who is from Linstead, St Catherine. Mr. Green was arrested by detectives from the Organized Crime Investigation Division (OCID), after he allegedly used the point of sale card machine at his business place to attempt several illegal transactions valued at over $6 million.

According to the police, the transactions involved a total of 61 fraudulent bank cards over a three-day period. Mr. Green was successful in encashing from the bank $560,000 of the amount he reportedly transferred to himself.

Detectives from OCID were alerted about the suspicious transactions and immediately launched an investigation, which resulted in the seizure of several documents during a raid of the accused man's home and business place.

He was subsequently taken into custody and interviewed before being charged with money laundering and conspiracy to defraud.