A former salesman of Continental Agenies, accused of fraudulently converting in excess of $800,000 worth of goods which was entrusted to him to market for the said company, was yesterday placed on $1 million bail after he appeared at the Georgetown Magistrates’ Court.
Donovan Vickerie, 22, a resident of East La Penitence, was not required to plead to the charge which read that between June 27 and August 2, he fraudulently embezzled a large quantity of goods valued over $800,000 property of Continental Agencies.
Reports are that between the two dates, Vickerie was scheduled to sell the commodities and return the proceeds to the entity but did not. He was later contacted by representatives of the company and he admitted to utilising the sum of money. Vickerie was subsequently arrested and charged. His attorney asked the court to grant bail at a realistic sum.
The prosecution did not oppose the lawyer’s application and the accused was granted bail. He is scheduled to make his next court appearance on October 24.