The Financial Investigations Branch (FIB) of the Trinidad and Tobago Police Service (TTPS) has obtained an order from the court to forfeit $11,164 TT and US $6,135.00 which were seized from Peterson “El Chapo” Magloure, who was shot and killed in Santa Cruz on November 19th, 2020. At the time of his death, he was wanted by the Police.
The order was granted on February 3rd 2021 by Chief Magistrate Maria Busby-Earle-Caddle at the Port-of-Spain Magistrates’ Court.
The TTPS’ cash forfeiture investigation commenced on January 18th, 2018, after $11,164.00 and US $6,135.00 were seized from Peterson Magloure by the Financial Investigation Branch (FIB). The cash was seized pursuant to the Proceeds of Crime Act Chapter 11:27.
On Thursday January 18th, 2018, a Cash Detention Order was granted by Chief Magistrate Busby Earl-Caddle at the Port of Spain 8th Magistrates’ Court for a period of three months. This order was granted to allow for continued investigations into the legitimacy of the source of the funds, or its intended use.
The TTPS reported that Cpl Nisbett (of the FIB) conducted enquires, interviewed persons, made requests to several State agencies, received responses and submitted a file with his findings and recommendations. On January 17th, 2019, an application for forfeiture of the seized cash was laid at the Port of Spain Magistrates’ Court.
On February 3rd, 2021, the forfeiture application was heard via virtual hearing by Chief Magistrate Busby Earl-Caddle of the Port of Spain 8th Magistrates’ Court.
The State was represented by State Attorneys Mr Pilgrim and Ms Ramcharitar of the Office of the Director of Public Prosecutions (DPP). During the hearing, Attorney at Law Mr Prince represented the interested party. The Chief Magistrate ordered the forfeiture of the $11,164.00 and US $6,135.00, in accordance with the Proceeds of Crime Act.