By Keril Wright, Staff Reporter
WESTERN BUREAU
PYRAMID SCHEME operator Doris Dale, who ran the collapsed Quick Cash partner plan in Lucea, Hanover, yesterday pleaded guilty to breaches of the Financial Institutions Act and was fined $3 million or six months in prison.
Her guilty plea was entered against her and her company receiving deposits without a securities licence. However, the partner plan operator is scheduled to return to court on June 21 when she will answer to the charges of 26 counts of fraudulent conversion and conspiracy to defraud.
Mrs. Dale, who appeared in the Corporate Area Half Way Tree Resident Magistrate's Court before presiding RM Jennifer Straw, was granted bail in the sum of $2 million with one to three sureties.
RM Straw also ordered her travel documents seized and placed a stop order on travel at both international airports.
She was also ordered to report to the offices of the Fraud Squad in Kingston from Mondays to Fridays.
Montego Bay-based attorney Clive Mullings represented Mrs. Dale.
Mrs. Dale, who had been on the run since April 23 when depositors in her scheme rioted in Lucea, gave herself up to the police last week Thursday, accompanied by her attorney.
She was taken into custody on the 23rd by the police in Hanover but was later released.
In the wake of the Lucea riot the Commissioner of Police issued transfer orders for three of the parish's top officers Superintendent Anthony Morris, Deputy Superintendent H.P. Brown and Inspector E. McBean.
