A 44-year-old businessman from St Catherine, Jamaica, has been formally charged with fraudulent conversion following allegations of failing to deliver vehicles to customers who had paid deposits. Lloyd Thompson, a resident of Balmetto East Fort, is accused of defrauding two individuals between April and August 2023. According to reports from the Discovery Bay Police, one complainant paid $2.4 million for a Toyota Coaster, while the other handed over $1 million as a deposit for a Toyota Hiace bus. After making the payments, both customers reportedly attempted to contact Thompson to complete the transactions but were met with evasion. Thompson allegedly provided explanations that raised suspicions, prompting the victims to file police reports. Following investigations, Thompson was apprehended in connection with similar complaints within the Kingston police area. An identification parade was conducted, during which both complainants positively identified him. He was formally charged on Friday, and his court date is currently being finalized.