Former Caribbean Prestige Foundation (CPF) chairman Peter Scoon has appeared in court charged with defrauding the organisation’s founder William Munroe of $400,000.
Scoon, 53, the owner of Media 21 Ltd, was granted $120,000 bail after he appeared before Magistrate Marissa Gomez in the Port-of-Spain Magistrates Court on Thursday charged with fraudulent conversion.
According to the charge, Scoon allegedly took the money from Munroe in October 2015 to procure and import a stage and 500 chairs. Munroe reported his former business associate to the Fraud Squad in March 2017 after he repeatedly failed to deliver the items and refused to refund the money.
During his court appearance, police prosecutor Insp Rajesh Lall objected for bail for Scoon as he claimed that Fraud Squad detectives were searching for him for more than a year before he eventually surrendered on Tuesday. Lall also claimed that Scoon does not have a fixed address and may be a flight risk.
Scoon’s lawyer Donielle Jones challenged the claims as she stated that he had a clean criminal record and lives with a friend at Falcon Street, Edinburgh 500, Chaguanas.
Jones also suggested that Gomez could apply conditions to her client’s bail to ensure that he does not flee the country. Gomez agreed to grant Scoon bail but ordered him to surrender his passport and report to police twice weekly for the duration of his case. She also ordered Scoon to immediately inform police if he is planning to move out of his current address.
CPF, which organises the annual International Soca Monarch competition, is currently chaired by Fay-Ann Lyons-Alvarez. Scoon is expected to reappear in court on April 18.
Reporter: Derek Achong