By Sue-Ann Wayow
A CHAGUANAS businessman has been charged for attempting to get $2.1 million by false pretenses.
Barry Samaroo, 53, is expected to appear before a Port-of-Spain magistrate on Thursday charged with two counts of uttering a forged document.
He was also charged with attempting to obtain the million dollar sum by false pretense when he initially appeared before Justice of the Peace, Abraham Ali, also on Thursday, a release from the Trinidad and Tobago Police Service (TTPS) stated.
He was granted bail with surety in the sum of $300,000.
Reports indicate that during the period June 1, 2021, and August, 30, 2021, a man made an application at a financial institution for a mortgage debt consolidation loan in the sum of $2.1 million, on an existing loan, for two parcels of land valued at $2,240,000 and $750,000.
In support of the application, the man submitted two valuation reports from a valuations company, which were accepted as genuine, but later allegedly found to be false.
A report on the matter was made to the Fraud Squad and an investigation was launched, under the supervision of Snr Supt Groome, Supt Reuben, ASP Lutchman, Insp David and Sgts Bassarath and Toney.
Samaroo was arrested in connection with the matter on Wednesday and subsequently charged by PC Legiere, also of the Fraud Squad.
