Two Canadians have been charged with theft of close to US$3 million.
Barry and Barbara Dueck, 63 years and 59 years respectively, are also facing charges of committing an act preparatory to buying and selling foreign currency without the permission of the Central Bank of Barbados, two counts of carrying on an International Financial Service without a licence, and holding out Himself as a Trader in Securities.
Police says the two, who lived at Coral Cliff, Maynards, St Peter, have been involved in trading locally without a licence or registration.
And over a period of time they received just under US$3 million from foreign nationals residing here on the premise that they would be investing the money.
However, according to lawmen the returns from the investments never materialized and as a result the persons who paid their money reported the matters to the Police.
The duo appeared in the District “A” Magistrates Court today.