Prosecution hits major hurdle in Carlos Hill Cash Plus fraud case
The fraud trial of Carlos Hill, the former principal of the failed unregulated investment scheme Cash Plus, has hit a major hurdle.
Lead prosecutor Claudette Thompson this morning revealed that only two of the 16 witnesses down to give evidence in the trial have confirmed that they will attend.
She says only one of those two witnesses were in court when the trial was set to begin before Justice Chester Stamp.
As a result, Thompson requested a 30-minute adjournment to contact the witness, warning that her presence was critical to the case.
"Her presence will inform us as to how we should proceed," said Thompson, a deputy director of public prosecutions.
Hill is charged with fraudulently inducing persons to invest in Cash Plus, which collapsed in 2008 with more than $10 billion for over 40,000 investors.