Cash Plus case involving Carlos Hill could get underway today
The long-anticipated trial of former Cash Plus boss, Carlos Hill, is expected to get underway in the Home Circuit Court in downtown Kingston today.
Hill is charged with fraudulently inducing persons to invest in Cash Plus and the Cash Plus Group.
Up to late yesterday, there was no word on whether the trial would begin due to the backlog of cases before the court.
In 2012, the Office of the Director of Public Prosecutions indicated that it was ready to start the trial and would be relying on nine witnesses.
However, the trial has remained stalled.
IN PHOTO: Carlos Hill
Hill, who is out on $15 million bail, has been before the courts since 2008 following the collapse of Cash Plus.
More than 40,000 Cash Plus investors are owed about $10 billion.
Hill first went on trial in March 2014, however, the prosecution stopped the trial following complaints by the defence lawyers that they did not receive certain documents.
Hill was subsequently re-arrested on the same fraud charges and the matter was again brought before the Home Circuit Court.