Court reduces bail from $20M to $5.1M for woman slapped with 68 fraud charges

Omeca Primo, the owner of Primo’s Imports and Taxi Service who was on $20.4 million bail on 68 fraud charges had that sum reduced to $5.1 million by Chief Magistrate Faith McGusty on Friday.
Primo made another appearance at the Georgetown Magistrates’ Courts on Friday during which her attorney, Everton Singh-Lammy, requested that bail be reduced to $50,000 per charge, arguing that the previous bail amount was excessive and the court treated Primo as though she had already been found guilty. Initially, she was granted $300,000 bail on each charge.
However, the attorney appealed for fairness, emphasising that bail conditions should not be punitive.
After considering his arguments, Magistrate McGusty reduced the bail to $75,000 per charge, lowering the total amount to $5.1 million. Nevertheless, she is still required to report to the Criminal Investigations Department (CID) on the second and fourth Monday of each month.
On the other hand, the prosecution presented 20 case jackets during the hearing, detailing evidence tied to the allegations. The case was adjourned to February 21, 2025.
Primo is accused of orchestrating a multimillion-dollar fraud scheme, allegedly collecting over $51.57 million from customers under false pretences. She reportedly promised to deliver vehicles that never materialised, targeting victims across Regions Three, Four, Five, Six, and Ten.
Investigators say Primo actively tried to evade detection by changing her phone number, and business location, and even rebranding her company. Some victims have also reported intimidation, according to the prosecution.
The CID’s Anti-Fraud Unit believes the scale of the alleged fraud could be even larger, urging additional victims to come forward.