Tax consultancy firm supervisor accused of stealing $3M

…released on $200,000 bail

Charged with embezzling over $3 million in National Insurance Scheme (NIS) and Pay As You Earn (PAYE) payments, Solana Wills, a supervisor at Leibrands Financial Management and Tax Consultancy, was on Friday released on $200,000 bail.

The 31-year-old defendant was arraigned in Senior Magistrate Leron Daly’s Georgetown court on six charges, particulars of which alleged that, between August 1 and December 20, 2021, at Durban Street, Georgetown, and while being a clerk or servant of Leibrands Financial Management and Tax Consultancy, Wills fraudulently embezzled $3,134,290 in cash, received or taken into possession by her for or on account of her employer.
Wills pleaded not guilty to all the charges. Her next court date has been set for April 8, 2022.
The Police Prosecutor related that, besides receiving funds from clients on behalf of the company, Wills was also tasked with ensuring that clients pay their employees’ National Insurance Scheme (NIS) and Pay As You Earn (PAYE) deductions. Between the periods mentioned in the charge, the company’s clients had handed over monies to Wills to pay their employees’ NIS and PAYE. The woman, however, allegedly stole the monies. A report was filed against her with the Police, and following investigations, she was arrested and charged. (G1)