Man fined for trying to cash fake $80k cheque
A man arrested for trying to cash a fake Bahamas Mortgage Corporation cheque has been fined.
Anwar Stubbs showed up at the Bank of the Bahamas on Carmichael Road on April 29 and attempted to cash the $80,000 cheque.
Because of the large sum of the cheque, bank officials called the Bahamas Mortgage Corporation to see if the cheque was authentic.
They called police on learning that the cheque was forged.
However, investigations revealed that the Mortgage Corporation had issued a cheque with the same number to a contractor in Freeport for $33,905,60.
The cheque, number 80714, was dated March 16 and had been sent to Freeport by courier.
The authentic cheque had been deposited and cleared.
Stubbs pleaded guilty to possession of a forged document and uttering a forged document.
Chief Magistrate Joyann Ferguson-Pratt fined Stubbs $10,000 or 18 months in prison.
He had to pay half of the fine in order to be released and the balance is due on June 30.
What’s more, Stubbs was placed on probation for 18 months. He’ll serve 12 months in prison for breaking probation.