By FARRAH JOHNSON
fjohnson@tribunemedia.net
A 39-year-old man was accused of defrauding the Securities Exchange Commission earlier this year.
Damalus Curry appeared before Deputy Chief Magistrate Andrew Forbes charged with possession of a forged document and uttering the same, after he was found with a Securities Commission of the Bahamas cheque #021892 on January 6.
During the hearing, Curry denied the allegations and the case was adjourned to June 25 for trial.
Bail was denied and he was remanded to the Bahamas Department of Correctional Services in the interim.
Curry’s lawyer, Bjorn Ferguson, told the magistrate that he was in the process of applying to the Supreme Court for bail for his client.
In March, a 41-year-old man was also charged with defrauding the Securities Exchange Commission of $850,000. At the time, Jeremy Pinder was charged with fraud by false pretences, conspiracy to commit fraud by false pretences and 20 counts of money laundering. He also denied the charges during his arraignment before Chief Magistrate Joyann-Pratt.
Meanwhile, Curry, a businessman, was also charged in connection with a $1.2m Ministry of Tourism fraud scheme in March. At the time, former Cabinet minister Elma Campbell and her son were charged with fraud by false pretences and 18 counts of money laundering. Curry, who was arraigned with the pair, was also charged with one count of money laundering after he was accused of acquiring $465,000 on October 16, 2019 knowing that it represented the proceeds of crime.
He has also denied those charges.
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