Car wash owner Jeremy Pinder has allegedly been washing more than cars.
Prosecutors say the 41-year-old laundered $850,000, the proceeds of a fraudulent Securities Commission cheque.
Once the cheque cleared, Pinder allegedly moved $800,000 of the illegally obtained money to accounts outside of the country. And he allegedly withdrew $49,600 from a local account.
Pinder denied charges of fraud by false pretences, conspiracy to commit fraud by false pretences and money laundering at his arraignment before Chief Magistrate Joyann Ferguson Pratt on March 9.
He’s been denied bail and returns to court on April 1.
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