Woman fines for buying car for $1M cash

February 09, 2016

A St James woman who bought a motor vehicle for more than $1,000,000 in cash was fined $100,000 or three months' imprisonment for breaches of the Proceeds of Crime Act.

She is Patricia Ricketts of Montego Bay, St James.

During her appearance in the Mandeville Resident Magistrate's Court in Manchester last Thursday, Ricketts pleaded guilty.

Resident Magistrate Desiree Allayne initially fined the accused $200,000 or three months' imprisonment, but attorney-at-law Danielle Archer pleaded with the court to be lenient to her client, who gathered the money from family members and friends.

The lawyer said her client was ignorant of the law like many others, and pleaded for a reduction of the fine, which was granted.

Allegations are that the accused paid $1.13m cash in December last year for the purchase of a Toyota Ipsum motor car from a dealer in Manchester. An investigation by the POCA resulted in criminal charges against the dealer and Ricketts for doing a cash transaction over J$1m.

Under the law, people can be fined up to $3,000,000 for breach of the Proceeds of Crime Act.

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