Renee Grey, accused of the fraudulent conversion of some $400,000 last year, yesterday had her bail extended until March 30 in the Corporate Area Resident Magistrate's Court.

Purchase

Allegations are that the complainant, who lives in New Zealand, gave Grey $420,000 for the purchase of some cellular phones in October. However, the complainant is yet to receive the goods.

When the matter was first mentioned last December, Grey's attorney told the court that in filling the complainant's order for the phones, his client had to procure the services of a third party. That third party, the lawyer said, had made off with cash paid over to him without delivering the phones, leaving Grey in a tight spot.

The attorney continued that after the incident, his client had repaid more than $100,000 that was left back from the sum she had been given.