$5M fraud at Claro

[ruption]

Two men, including an employee of telecommunications company Claro, accused of stealing more than $5 million from the company, appeared in court on Thursday.

Matthew McLeod, 25, a treasury clerk at Claro and Xavier Bedasee, 23, pleaded not guilty to charges of fraud and conspiracy.

They were charged this week following an investigation by the Fraud Squad.

It is reported that over the past two years, Claro has been hit by lawsuits from persons who leased lands to the company to set up its cell sites.

The land owners accused the company of failing to honour monthly obligations to pay them.

There were 23 complaints and this prompted the management to conduct an investigation.


The probe revealed that Mr. McLeod had been taking signed cheques prepared for the land owners out of the system.

He allegedly handed the cheques to his friend, Mr. Bedasee, who would encash the cheques at a Cambio in New Kingston.

Both men then pocketed the money.

The cops say cheques valued at more than US$50,000 were stolen in the scam.

Mr. McLeod and Mr. Bedasee are on station bail and are to return to court on May 19.

SOURCE: CLICK HERE

[phoen1x]

maawd! lol dem not too slick tho if dem get caught. i wonder wats gonna happen to them? do mexicans beat their workers like i see d japanese ppl doing?

[BUBBA]

sum jamaican just nuh stop mek tings luk bad

[nehrou]

bwoy, funny this is that theyy prob thought they'd get away with it

[topanaris]

It is pretty obvious that absolutely no thought went into planning their scheme

[Richardgm]

If guilty, lock them up and throw away the key.

#thatisall

[teensicle]

This always happens to claro i remember the last time when they stole all those cell phones

[kalel17]

maawd! lol dem not too slick tho if dem get caught. i wonder wats gonna happen to them? do mexicans beat their workers like i see d japanese ppl doing?

no they simply waterboard them and feed them fly infested tortillas wrapped in pumpkin blossom(yummy without the flies ) once u get caught u dont deserve to be called a jamaican

[krishna2005]

Claro realizes these things very late. Have they no internal audit dept?

[barrettrs]

Claro realizes these things very late. Have they no internal audit dept?

It appears they don't as I am sure they had a scam mid 2009 when employees were stealing Blackberries and selling them on the open market