Carlos Hill Trial Stalled Once Again

The fraud trial of former Cash Plus boss Carlos Hill has been pushed back to Wednesday.

The matter did not get underway in the Home Circuit Court in downtown, Kingston this morning as scheduled, due to the unavailability of the judge.

Hill is being represented by Valerie Neita-Robertson and Deborah Martin.

He was arrested and charged in 2008 in connection with the collapse of the Cash Plus ponzi scheme.

He’s charged with fraudulently inducing persons to invest in Cash Plus — the five-year-old multi-billion dollar scheme — which collapsed in 2008.

Prosecutors allege that Hill defrauded more than 40,000 investors of more than $10-billion.

When the matter last came before the court in November last year, the prosecution told the court it was relying on nine witnesses, but it was having difficulties locating them.

Hill is out on $15-million bail.

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