High Court Orders Gary Aboud to Pay Adviser $25,000 Over Coercion

A High Court judge dismissed businessman Gary Aboud, his wife Merylle Mahabir and her sister Natalie Mahabir’s claim over losses from the failed Cayman Islands Kijani Commodity Fund, finding their consultant Lawrence Mollenthiel was more likely coerced into signing a liability document in 2017. Aboud was also ordered to pay Mollenthiel $25,000 for false imprisonment, and the trio must cover legal costs.

High Court Judge Devindra Rampersad dismissed Gary Aboud’s lawsuit over losses from a failed $10 million Cayman Islands investment and found that Aboud used threats and intimidation to force consultant Lawrence Mollenthiel to sign a liability document. Mollenthiel was awarded $25,000 for false imprisonment, and Aboud, his wife and sister-in-law must also pay legal costs.

A High Court judge has ordered businessman Gary Aboud to pay investment adviser Lawrence Mollenthiel $25,000 in damages after finding that a 2017 agreement admitting responsibility for a $10 million investment loss was signed under duress. Justice Devindra Rampersad also dismissed Aboud’s lawsuit over losses tied to the collapsed Kijani Commodity Fund, while ruling the investors had not proven wrongdoing by Mollenthiel.