Dr. Oliver Myers, a medical practitioner in Santa Cruz, St. Elizabeth, was charged on Monday with several counts of fraud and breaches of the Real Estate Act.
Dr. Myers' arrest Monday ended a five year investigation by the police.
It is alleged that in 2005, Dr. Myers collected money from a number of persons, after promising them housing solutions on a property he claimed he was developing, in St. Catherine.
It is alleged that he failed to deliver the housing solutions, after collecting nearly a million dollars from three complainants.
The matter was reported to the Fraud Squad, which commenced an investigation.
The 56-year-old doctor was picked up Monday and charged.
He was later offered station bail.
Dr. Myers is booked to appear before the Corporate Area Criminal Court, next week Wednesday.
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