Former Moneygram principal accused of money laundering

Moneygram scandal appeared to become great as seven people charged apart from one point five million dollars in cash stuffed in suitcases. However, on Thursday, the sacndal rose from big to huge as Dean Fuller, Moneygram former master-agent in Belize, and his companies OMNI NETWORKS and FULTEC have been charged for money laundering.

As it became known, Fuller came to Belize City Magistrate’s court Thursday with his attorney Michael Peyrefitte. Fuller was charged with two counts of money laundering, one for OMNI NETWORKS and the other for FULTEC, as a chief of both companies. Both companies were involved in crime transactions, according to the charge sheet statement between 9th of October 2007 and the first day of January 2009.

Fuller’s suit was postponed until Friday, as pleaded not guilty to both cases. However, the adjournment is very short. Magistrate Aretha Ford explained that she was connected to the Coye case and as the two matters are now joined, the Magistrate also took the decision that bail wasn’t required since it is being treated as an additional charge in an ongoing case.

The Moneygram case erupted December 31st of 2008, when police and the FIU swept into the Coye residence and discovered over a million dollars in cash.