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December 23, 2013
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Four on money-laundering rap get $10m bail
Bail in the sum of $10 million was granted to a Kingston-based attorney and three others in the Corporate Area Resident Magistrate's Court on Friday.

Charged with money laundering are 55-year-old attorney Dawn Satterswaite of a Cherry Gardens address; 53-year-old life insurance contractor Paulette Higgins of Norman Gardens Kingston 2; 50-year-old Janet Ramsay of Bridgeport, Portmore, St Catherine, and 40 year-old Ann-Marie Cleary of Woodlawn, Manchester, who was absent from court.

They were ordered fingerprinted. As a condition of their bail, they were ordered to surrender their travel documents and stop orders implemented. Reporting conditions were also established.

The Crown alleges that over an 11-year-period, 1998-2009, 35 high-value properties were bought for Jamaican drug dealer Andrew Hamilton.

The prosecutors said the properties were later registered to Hamilton's relatives, as well as close family friends.

The prosecutors further alleged that the properties were purchased by Satterswaite for a total of $500 million.

Hamilton has pleaded guilty in California to drug, money laundering and firearm-related charges and is to be sentenced next February.

civil investigation

Prosecutors say following Hamilton's conviction, the US Drug Enforcement Agency requested a civil investigation into Hamilton's assets in Jamaica.

This led to a restraining order on 17 of the properties.

Prosecutors say investigations later revealed that 11 properties were transferred in 2001 with a total value of $324 million.

They also alleged that Satterswaite was the person collecting the rent and maintaining the properties.

Satterswaite and the other co-accused are scheduled to return to court on February 18, next year, when the matter will be mentioned.

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