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<span style="font-weight: bold">News Source: OTGNR - </span>
<span style="font-weight: bold"> Confirmed : Former Head of Cash ... ( Gleaner )...</span>
Carlos Hill, the former head of the failed investment scheme Cash Plus Ltd, had his $15 million bail extended when he appeared in the Home Circuit Court this morning. A June 13 trial date has also been set. However Hill is to return to court on April 15 when his case will again be called up for mention. That date has been set to finalise Hill's legal representation as more lawyers are expected to appear with Valerie Neita Robertson who's now representing him. He is facing a charge of fraudulently inducing persons to invest in Cash Plus. The case will be tried by a jury and the maximum sentence for such an offence is seven years' imprisonment. Hill is charged jointly with his brother Bertram, and Peter Wilson, the former chief financial officer of Cash Plus. The three were charged in April 2008 following the collapse of the investment scheme. The Hill brothers and Wilson have been charged with obtaining money by false pretences, conspiracy to defraud and fraudulent conversion.
<span style="font-weight: bold"> Confirmed : Former Head of Cash ... ( Gleaner )...</span>
Carlos Hill, the former head of the failed investment scheme Cash Plus Ltd, had his $15 million bail extended when he appeared in the Home Circuit Court this morning. A June 13 trial date has also been set. However Hill is to return to court on April 15 when his case will again be called up for mention. That date has been set to finalise Hill's legal representation as more lawyers are expected to appear with Valerie Neita Robertson who's now representing him. He is facing a charge of fraudulently inducing persons to invest in Cash Plus. The case will be tried by a jury and the maximum sentence for such an offence is seven years' imprisonment. Hill is charged jointly with his brother Bertram, and Peter Wilson, the former chief financial officer of Cash Plus. The three were charged in April 2008 following the collapse of the investment scheme. The Hill brothers and Wilson have been charged with obtaining money by false pretences, conspiracy to defraud and fraudulent conversion.