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Leonora man on fraud charges now accused to taking almost $3M for 486 pine doors
Charged: James Emmanuel Ragnauth
Kaieteur News – An importer was on Wednesday charged after he allegedly failed to deliver 486 pine doors. He had collected almost $3M to do same, prosecutors say.
The accused, James Emmanuel Ragnauth, 46, of Leonora, West Coast Demerara, appeared in the Georgetown Magistrates’ Courts before Chief Magistrate Ann McLennan.
The court heard that Ragnauth and Avinash Salim are known to each other and Salim would often utilize Ragnauth’s services.
Ragnauth denied that between July 8, 2020, and August 4, 2020, he collected $2,972,000 from Salim to deliver 486 pine doors.
It is alleged that Ragnauth told Salim that the doors were already on the wharf in Guyana. However, since Salim made his last payment, efforts to contact Ragnauth proved futile.
In October, the Guyana Police Force (GPF) issued a wanted bulletin for Ragnauth in relation to obtaining by false pretense, committed on ‘Tap N Tiles’ and others between January 03, 2020 and April 20, 2020.
Salim noticed the wanted bulletin and made a report to the police. Ragnauth was arrested and told of the allegation. While in custody Ragnauth allegedly claimed that, the Brazilian company he purchased the doors from took back the doors.
However, Ragnauth could not produce any document to prove his claims. An investigation was launched and he was charged for fraudulent misappropriation.
The Chief Magistrate granted Ragnauth $200,000 bail and the matter was adjourned to January 9, 2021.
According to reports, Ragnauth currently has two matters of a similar nature pending.
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