Sylvan Penn, a 41-year-old marine mechanic, appeared in court Friday accused of selling a client’s $25,000 go-fast boat.

Because they are indictable he was not pleaded to the two charges before the court: theft and obtaining a pecuniary advantage by deception.

The alleged victim purchased a 28-foot go-fast boat in 2009, “and on the date it was purchased it needed electric work,” Senior Crown Counsel Sarah Benjamin told the court.

The boat owner hired Mr. Penn to do the work.

“They made a verbal agreement as to the cost of the job, which the defendant agreed to do for $7,000,” Ms. Benjamin said.

Mr. Penn, according to prosecutors, asked for additional money several times, and the boat remained in his possession.

“In January 2013, the complainant learned that the defendant had sold the boat for $4,000,” Ms. Benjamin said.

After a police investigation Mr. Penn was arrested and formally charged on March 22.

During his appearance Friday, he was granted $80,000 bail and is scheduled to appear again in court on Sept. 6.

See the July 4, 2013 edition for full coverage.