Former telecoms company accountant arrested for GY$153 million fraud

Guyanese authorities have apprehended a former senior accounting executive in connection with a massive financial fraud case totaling GY$153.9 million (approximately US$735,000) against a major telecommunications company. The Guyana Police Force confirmed the arrest on Wednesday, December 24, 2025.

The suspect, identified as 37-year-old Quincy Baird from Herstelling, East Bank Demerara, faces investigations for larceny by clerk or servant. According to police statements, the alleged financial misconduct occurred over an extended period between July 1, 2021, and February 18, 2025.

Baird’s professional background, as documented on his LinkedIn profile, reveals previous employment as Accounts Payable, Treasury and Tax Manager at GTT (now operating as One Communications). His career history also includes positions at a prominent accounting firm and a corporate group that operates a fast-food establishment in central Georgetown.

The arrest operation was conducted by detectives from the Criminal Investigation Department Headquarters on Tuesday, December 23, 2025, at approximately 4:33 PM. Law enforcement officials contacted Baird at his East Bank Demerara residence regarding the allegations before taking him into custody.

“The suspect was formally informed of the allegations against him, arrested, and escorted to CID Headquarters where he remains in custody pending further investigation,” the police force stated in their official release. The case represents one of the most significant corporate fraud investigations in recent Guyanese business history.