42-year-old businessman charged for fraud

A 42-year-old businessman of Nasinu has been charged for a count of conversion.

It is alleged that between December 2019 and December 2021, the businessman while been the director of a mining company withdrew a sum of $500,000.00 from the company’s account and deposited it to a different Company’s account belonging to him.

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 today at the Suva Magistrate Court.