Fifty-one-year-old businessman Karl Nasser Mohammed of Cunupia was granted $500,000 bail by a Justice of the Peace after being charged with 20 fraud offences.
Mohammed aka ‘Mahase Rampersad’, was charged with 11 counts of uttering a forged valuable security, seven counts of obtaining property by false pretences for $2,942,000, one count of forgery and one count of larceny.

The accused is required to report to the Cunupia Police Station every Monday, Wednesday and Friday between 6 am and 6 pm. The matter was then transferred to the Chaguanas Magistrates’ Court on April 23rd.

According to police reports, Mohammed was arrested on April 13th by Municipal Police officers while driving under the influence. He is alleged to have purchased high-end vehicles from companies and individuals and effected payments by way of fraudulent documents and cheques. Officers subsequently recovered two of the vehicles, a BMW and a Honda CRV, in Marabella.

Sixty-two-year-old Stephen Rose, a Marabella businessman and the owner of the property where police found the vehicles, was arrested and charged with one count of receiving stolen property, knowing the same to be stolen or unlawfully obtained.
He also appeared before a JP and was granted bail in the sum of $300,000 with a surety and is expected to appear before a San Fernando Magistrate on May 31st 2021. Investigations were led by Snr. Supt.

Arlet Groome and supervised by W/Insp. Smith, Insp. Bachoo, Insp. (Ag.) Thomas and Sgt. Seepersad. Mohammed was charged by W/Cpl Kissoonsingh, Cpl Solozano and PCs Latchman and Williams, all of the Fraud Squad.