Court today for Carlos Hill
Jovan Johnson, Gleaner Writer
Former Cash Plus boss Carlos Hill is expected to return to court today for a plea and case management hearing in the fraud case against him.
Hill is on $15 million bail.
The former Cash Plus boss was rearrested by the police on March 18 immediately after the Director of Public Prosecutions, Paula Llewellyn, halted his fraud trial in the Home Circuit Court when she entered a nolle prosequi.
A nolle prosequi means that the crown will not pursue the case at this time, but could do so at a later date.
The DPP made the decision to enter a nolle prosequi following complaints by the defence that it was getting some bits of evidence very late.
Justice Paulette Williams extended his bail and indicated that she would be holding a plea and case management hearing today before another trial date was set.
The prosecution is alleging that Carlos Hill fraudulently induced persons to invest in Cash Plus and the Cash Plus group.
Carlos Hill has been before the courts since 2008 following the collapse of the investment club.
More than $40,000 Cash Plus investors are owed about $10 billion.
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