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Thread: Banker charged in Grenada with three counts of fraud

  1. #1
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    Default Banker charged in Grenada with three counts of fraud

    ST GEORGEíS, Grenada: Finton De Bourg, CEO of Capital Bank Grenada International Limited, has been formally charged with three counts of fraudulent breach of trust. The charges were read to De Bourg at around 3 p.m. on Friday at the St Paulís Police Station.

    De Bourg is expected to make his first appearance before the St. Georgeís Magistrateís Court on Monday, May 20, to answer the charges.

    The Financial Intelligence Unit and the Royal Grenada Police Force carried out an operation at the residence of Finton De Bourg on Wednesday, May 14.

    This development came against the background of several complaints being made to the Financial Intelligence Unit by depositors of Capital Bank.

    A search warrant was executed, which permitted the police to enter his residence to conduct a search and seizure of items relevant to the investigation. The operation led to the detention of De Bourg.

    The Financial Intelligence Unit is continuing its investigations.

    Taken from Here
    It's better to Try and Fail than Fail to Try

  2. #2
    Join Date
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    Default Re: Banker charged in Grenada with three counts of fraud

    Dis thing smells like a setup. The GG and other GoG big wigs have hands in the bank.

    De bug will turn around and sue the GoG for millions for false arrest and so on.

    You just wait and see.

  3. #3
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    Default Re: Banker charged in Grenada with three counts of fraud

    I think someone is out there to embarass the CEO hence the reason for his arrest.
    It's better to Try and Fail than Fail to Try

  4. #4
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    Default Re: Banker charged in Grenada with three counts of fraud

    Well, lets wait and see, shall we?

  5. #5
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    Default Re: Banker charged in Grenada with three counts of fraud

    Heard today he was released on an EC$1 million bail.
    It's better to Try and Fail than Fail to Try

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