Two men on money laundering charge while police seize their assets

A recent case of alleged money laundering has stirred controversial views from the general public while the police remains tight-lipped on the case. Twenty-five-year-old Jowani Gage of Shawford Estate and 33-year-old Edgar Peltier of Point Michel have been released on bail after facing charges of money laundering on July 1st, 2010.

 

According to the charges brought against Gage, the defendant is allegedly engaged in money laundering at Shawford Estate through certain properties which was obtained from the proceeds of crime, between June 30th, 2007 and June 30th 2010.

During the investigation several items were seized by the police including  a concrete house with a built-in jacuzzi, land, several boats, a hummer SUV registration PN999, several flat screen televisions, an electricity generator, jewelry, kitchen appliances and home furniture, motorcycles and six surveillance cameras, all found in the Shawford home.

 

Gage was represented in court by Mrs Gina Dyer-Munro, who argued that the house and hummer in question are not the property of her client since they are not registered on his name. Gage was released on $64,000 bail with two sureties. Some of the conditions of his bail are that he is not to interfere with the ongoing investigations in the matter, to inform the police of any change of address, not to commit any offenses while on bail and to report to the Roseau Police Station every Wednesdays, Saturdays and Sundays between 7am and 7pm.

 

In the interim, Peltier who also faces a money laundering charge for his alleged engagement in receiving a hummer registration PN999 in Roseau, between October 1st, 2009 to October 30th was granted bail in the sum of $50,000 with two sureties and has to report to the Roseau Police Station on Mondays, Wednesdays and Fridays between 7am to 7pm, among other bail conditions. He was represented by Attorney David Bruney.

© 2012 SAT Telecommunications Ltd.

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