News Court

Businessman charged for $500,000 fraud

Businessman charged for $500,000 fraud

A 42-year-old businessman of Nasinu has been charged with one count of conversion.

It is alleged that between December 2019 and December 2021, the businessman while being the director of a mining company allegedly withdrew $500,000 from the company’s account and deposited it to a different company account belonging to him.

Police say he was arrested yesterday by the Major Fraud Unit and was charged for a count of conversion, contrary to Section 319 (1) (b) of the Crimes Act 2009.

The 42-year-old businessman will appear at the Suva Magistrate Court today.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
LIVE SCORES
Arsenal 1–0 Burnley Full Time
Bournemouth vs Man City 6:30AM
Chelsea vs Spurs 7:15AM
Bula FC 0–1 South Island United Full Time
Bula FC 0–2 Auckland FC Full Time
Bula FC 0–2 South Melbourne FC Full Time
Chiefs vs Crusaders 7:05PM
Brumbies vs Waratahs 9:35PM
Moana Pasifika vs Reds 4:35PM
Raiders vs Dolphins 9:50PM
Bulldogs vs Storm 10:00PM
Dragons vs Warriors 7:30PM
vs
Fiji vs USA 8:00PM
Fiji vs Australia 12:51AM