THE owner of the fast money making scheme, One Link Pacifica, Charles Dora will be appearing on Wednesday at the Honiara Magistrate’s Court.
Dora is facing two counts of operating unlicensed banking business under the Financial Institution Act.
He was arrested on June 1 this year at his residence in Russell Islands, Central Province and remanded in custody last Thursday.
Dora allegedly set up One Link Pacifica, a fast money making scheme illegally in 2019.
It was alleged that since its set up, members of the public in Honiara and the provinces allegedly joined the scheme and allegedly invested up to more than$56M.
One Link customers were allegedly advised through the scheme’s appointed mentors to invest in the scheme.
The customers were allegedly promised that they will be paid triple the amount they paid if they invested in the scheme.
Another alleged director of the scheme, Gerrad Tauohu was already charged and is awaiting his trial which will commence on June 21.
He is facing five counts of simple larceny relating to allegations he stole more than $460,000 from One Link members between December 2019 and January 2020.
Prosecution alleged Tauohu failed to repay One Link’s customers their money with its interest and escaped to Malaita last April.
Police arrested him after five of the scheme’s mentor lodged their complaints to the police for failure of the repayment of customer’s money.
A total of $336,891.20 was recovered from Tauohu when he was arrested.
The $336, 891.20 that was kept in police exhibit facility at Rove Police Headquarters for safe keeping went missing last October.
A Police officer looking after that exhibit facility is now on suspension awaiting the outcome of the Police’s Professional Standards Internal Investigation (PSII).
By ASSUMPTA BUCHANAN BONGIDANI