Businessman Charged with $500,000 for a Count Conversion

A 42-year-old businessman from Nasinu has been charged with one count of conversion after allegedly misappropriating $500,000 from a mining company’s account while serving as its director.

According to police, between December 2019 and December 2021, the suspect withdrew the funds and transferred them into another company’s account, which he owned.

He was arrested by the Major Fraud Unit yesterday and charged under Section 319 (1) (b) of the Crimes Act 2009.

The 42 year old businessman is set to appear at the Suva Magistrates Court today.