Businessman freed of $10M land fraud charge

A 42-year-old businessman who was on trial before City Magistrate Leron Daly for allegedly swindling $10M was on Monday freed of the charge.  

Rajesh Sahadeo, of Station Street, Kitty, Georgetown was on trial for obtaining $10M by a Republic Bank cheque from Lloyd Singh by pretending he knew a woman named Shanean Boston who was in a position to sell a plot of land at Peter’s Hall, East Bank Demerara.

Sahadeo was represented by attorney, Glen Hanoman and was out on $1.5M bail during the trial. On Monday, the Magistrate dismissed the case based on insufficient evidence produced by Prosecutor, Corporal Richard Harris.