Belfast Telegraph

East Belfast man faces trial over gold, property and stock scams

A man is to go on trial accused of gold, property and stock market scams - all targeting the same woman. 

Albert Johnston Stewart, 38, faces four separate charges of fraud by false representation. The alleged offences involve more than £30,000.

He is alleged to have told a woman he was planning to buy gold from a London jewellers which had gone out of business.

According to the charge against him she was informed that she would receive a very favourable return on a £13,000 investment with him.

A second count centres on a claim that he told the woman he was buying a repossession house for £27,000 and she could purchase it from him if an initial £4,000 was paid.

Stewart, of Knockwood Crescent in Clarawood, east Belfast, is also accused of dishonestly claiming he had a contact in the London Stock Market who had advised him the share price in an energy drinks company was set to rise.

It is alleged that he told the woman she would receive a better return if £10,500 was invested in the firm - enabling her to cover the outstanding amount on the repossession house.

A fourth charge relates to claims that he duped the woman by telling her he needed a £5,000 loan to go to Portugal to sort out a dispute with his business partner.

All of the alleged offences were committed in the Belfast area between July and August 2011.

Stewart appeared before the city's Magistrates' Court today for a preliminary enquiry hearing to establish if he has a case to answer.

District Judge Fiona Bagnall granted a prosecution application to have him returned for trial at Belfast Crown Court.

Stewart was remanded in custody to appear again when that hearing gets underway on a date to be fixed.

Belfast Telegraph Digital


From Belfast Telegraph