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Daniel Persaud,Cheap Jerseys From China, 44, of Lot 2191 Tushen, East Bank Essequibo, has been convicted for fraudulently converting property entrusted to him by Woodruff Phillips in June 2010.On Friday, at the Georgetown Magistrates’ court,Cheap Jerseys From China, Magistrate Sueanna Lovell, concluded that sufficient evidence was brought before the court for him to be sentenced for the crime.According to the charge, Persaud collected a cheque worth $5 million from Phillips by falsely pretending that he was in a position to supply him with a quantity of 40 feet containers.Persaud and Phillips knew each other as they would usually transact business. On June11,Adidas Mike Ribeiro Jersey, 2010, Phillips presented Persaud with $5 million cheque for the containers which the defendant promised to supply on behalf of Neal and Massy group of companies,China Jerseys, where he was employed at the time. However, he put the money to his own use and personal benefit.Magistrate Lovell pointed to the detail that the defendant used the name of the company with which he was employed to solicit the money from Phillips when in fact the Company was not authorized to supply containers.Persaud’s Attorney,Cheap Wholesale Jerseys, Rexford Jackson, asked that the court take into consideration that the defendant had offered total reimbursement to the plaintiff,Cheap NFL Jerseys China, and had already given $2 million as a down payment. Jackson said that his client is still willing to make complete restitution if given the chance to do so.The lawyer further explained that the defendant is the sole bread winner for his wife and four minor children.The Magistrate subsequently ordered that Persaud make absolute restitution within the next six months. Failure to do so will result in 22 months imprisonment for the defendant. |
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