Businessman implicated in multimillion-dollar scam granted bail after appeal

KINGSTON, Jamaica — One of the four accused charged in a multimillion-dollar mortgage fraud case involving multiple financial institutions was offered bail by the Court of Appeal on Wednesday following a successful appeal against a previous ruling denying his release.

Kadeem Reid appealed the decision by Supreme Court Justice Simone Wolfe-Reece who, according to his attorney Able-Don Foote, refused bail primarily on the basis that there was a risk to the administration of justice and risk of furthering offending due to his alleged supervisory role in the scheme.

Reid is jointly charged with 30-year-old medical doctor Chloe Douett; 29-year-old executive assistant Ivana Campbell, and 44-year-old Dwayne Pitter. Douett has since pleaded guilty.