A former employee of the Financial Sector Adjustment
Company (FINSAC), who is accused of defrauding the entity of millions of
dollars, is scheduled to appear in court Monday.
Nicasha Edwards, 27, who was an accountant at the company appeared in the Half-Way-Tree Criminal Court in April.
She is currently charged with stealing $2 million from the agency.
However, Fraud Squad detectives probing a major fraud racket at FINSAC, say more than $20 million has been stolen from the agency and that more charges are pending against Ms Edwards.
Ms Edwards was charged last year following investigations into the theft of millions of dollars from the agency.
It is alleged that between 2005 and June 2007, Ms Edwards who was employed as an accounting officer stole blank cheques, forged the signatures of signing officers at FINSAC, falsified accounts and payment vouchers and pocketed $26 million.
The Financial Crimes Division which is investigating her for money laundering reportedly seized more than $9 million she allegedly held in a financial institution.
Nicasha Edwards, 27, who was an accountant at the company appeared in the Half-Way-Tree Criminal Court in April.
She is currently charged with stealing $2 million from the agency.
However, Fraud Squad detectives probing a major fraud racket at FINSAC, say more than $20 million has been stolen from the agency and that more charges are pending against Ms Edwards.
Ms Edwards was charged last year following investigations into the theft of millions of dollars from the agency.
It is alleged that between 2005 and June 2007, Ms Edwards who was employed as an accounting officer stole blank cheques, forged the signatures of signing officers at FINSAC, falsified accounts and payment vouchers and pocketed $26 million.
The Financial Crimes Division which is investigating her for money laundering reportedly seized more than $9 million she allegedly held in a financial institution.
All feeds
