There's been a major development in the case against former head of the collapsed entity, Cash Plus.
This, after government prosecutors announced Tuesday that the case is to be transferred to the High Court.
Mr. Hill has been before the Corporate Area Criminal Court in Half Way Tree for over two years on fraud charges related to the collapse of what government prosecutors say was a Ponzi Scheme.
This morning the Crown told the Court that he is to be tried by a judge and jury before the High Court.
Deputy Director of Public Prosecutions Diahann Gordon-Harrison announced this morning the state was moving the case against Mr. Hill to the Home Circuit Court in Downtown Kingston where he could face a maximum seven years if convicted for fraud.
Mrs. Gordon-Harrison told the court Mr. Hill will be tried for the more serious charge of fraudulently inducing investors to pump money into his Ponzi scheme.
The charge comes under Section 28 of the Larceny Act and attracts a maximum sentence of seven years.
The case will be transferred in late September after the Home Circuit court reopens for the new term.
The Prosecutor also reported that the government will still be pursuing the fraud charge against Mr. Hill, his brother Bertram and former Cash Plus accountant Peter Wilson before the Corporate Area Criminal Court.
However, she said Mr. Hill's trial before a jury will take priority.
The case is set for mention at the Corporate Area Criminal Court on September 20.
The Hill brothers and Mr. Wilson were arrested in April 2008 and charged with fraud arising from the collapse of the multi-million dollar investment scheme.
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