Woman charged on claims she embezzled $3.1M from her employer

Solona Wills, the former supervisor of Leibrands Financial Management and Tax Consultancy, was on Friday released on $200,000 bail for allegedly embezzling over $3.1 million from the firm.

Wills, 31, appeared before Magistrate Leron Daly at the Georgetown Magistrate’s Court and pleaded not guilty to six charges of embezzlement.

Particulars of the six charges alleged that Wills, between August 1-December 20, 2021, at Durban Street, Georgetown embezzled the money.

She was released on $200,000 bail and the matter was adjourned until April 8, 2022.

Leibrands Financial Management and Tax Consultancy is a business that manages accounts for other companies, collects monies or cheques, and fulfills payments to NIS and GRA on behalf of their client.

According to reports, Wills was responsible for receiving funds from clients on behalf of the company. She also had the responsibility to ensure that the clients are satisfied with the service, that is, to pay their employees NIS, PAYE among other things.

It is alleged that during August 1-December 20, 2021, Wills received $3,134,290 from five of the firm’s clients which were to be used to pay the client’s employees NIS, as well as making payments to GRA. But instead she took the money.

The matter was reported to the police and an investigation was conducted. Wills was arrested and allegedly confessed to the crime.