Vicky Boodram, who is facing several allegations of fraud and money laundering, failed to secure bail a second time in the San Fernando Magistrates' Court yesterday.

The businesswoman will spend the next five days in jail, as she waits to make another attempt to have bail granted next Tuesday.

Boodram, owner of Boodram's Travel and Tours and Ship Ahoy Cruises, was arrested last week Wednesday on new charges of fraud and money laundering, and made her first appearance before acting Deputy Chief Magistrate Rajendra Rambachan on Monday.

She was remanded in prison custody on that day, after police prosecutor Ramdath Phillip asked for time to have her fingerprints traced, following the breakdown of the computerised system.

Yesterday, Phillip again asked for time to complete checks to ascertain whether Boodram had pending matters other than the 19 fraud charges she faces in the Port of Spain Magistrates' Court.

Defence attorney Jason Jackson was up in arms.

"I am surprised and disappointed... It is unfair," he said.

Jackson said he thought calls would have been made over the last two days to clarify Boodram's criminal background. "She is one of the more notable names in the country right now. This is an easy matter to fix," Jackson said.

Boodram, 30, of Siparia, is out on $6 million bail in the Port of Spain matters.

Her estranged husband, Ravi Arjoonsingh, who was jointly charged on 14 counts of fraud, is on $3.5 million bail.

Jackson argued that on these charges, Boodram had attended court and had voluntarily surrendered her passport, proving she was not a flight risk.

But Rambachan pointed out that those matters were fraud charges, while these new charges of money laundering carried a maximum penalty of a $25 million fine. He expressed concern as to whether surrendering will be done as willingly.

He gave the officers a last chance to have Boodram traced and adjourned the matter to next Tuesday.

Boodram was remanded in custody to the Women's Prison, Golden Grove, Arouca.

Boodram is charged with using money obtained by fraudulent means to purchase a $629,000 E-Class Mercedes Benz and a $2 million house and land in Palmiste, San Fernando.

She also faces fraud charges before the Siparia Court, and in Port of Spain is charged with fraudulently receiving more than $5 million from customers for two cruise packages that never happened.