Former drugstore employee faces $32M fraud charge

handcuffs1Georgetown: Raphael Laurie, a former drugstore employee has been charged with simple larceny and embezzlement. He faced Magistrate Judy Latchman, at the Georgetown Magistrate court Tuesday.  The court disclosed that on July, 30, 2013 Laurie, 24 of Lot 7 Supply East Bank Demerara, stole a quantity of pharmaceuticals from Bacchus Drugstore, located at House and Saffon Street Charlestown, property of Mohammed Hussein Bacchus called ‘Bobby.’

It is alleged that $32 million Laurie embezzled while he was under the employ of Bacchus Drugstore.  The amount represents transactions between the accused and over sixty customers.

The accused was not required to plea to the charges. His Attorney, Adrian Thompson, requested bail. Police Prosecutor, Sergeant Vishnu Hunte objected to bail. The prosecutor said that investigations into the matter are ongoing.  Magistrate Latchman remanded Laurie to prison until October 11, 2013.