Investforlife hits 1,000,000

When Investforlife started in May 2008, we never imagined the traffic, discussion and controversy that would follow this site.  Yesterday Investforlife.wordpress.com hit the 1,000,000 mark.
Giving thanks – The value of  ’good’ advice.
Bless be the day when we took the advise of users on another blog and formed this blog.  It is interesting that although we [...]

Top Antiguan Regulator indicted in Stanford Saga

In a release issued by the the SEC, on June 19, 2009, announces that two accountants who produced bogus financial statements and an Antiguan regulator who took bribes to look the other way have been charged.
Charged are Mark Kuhrt and Gilberto Lopez, accountants for Stanford-affiliated companies who allegedly fabricated financial statements to give investors the false illusion [...]

Who really is Noel Roswell Strachan

Investforlife as part of its ongoing investigation into the UFO’s has come across another bit of interesting information regarding another UFO operator.
This time we have decided to focus on Noel Strachan who is the lead principal of Worldwise Partners.
36 year old Florida resident Noel Roswell Strachan was so broke 7-1/2 yrs ago , that he [...]

OLINT TCI NOTHING MORE THAN A PONZI

OLINT TCI was one big PONZI. The liquidator site is now up (see link under sources).  The documents appear to confirm much of what was thought and offers little hope to ‘investors’ now victims of either a speedy or significant settlement.
To date the monetary assets identified amount to US$13 Million dollars, money frozen in the USA (4 million est*.) [...]

OLINT’s David Smith Arrested again

Investforlife can now confirm that David Smith of OLINT, OLINT TCI and TCI FX among others, has been arrested again. A source in the Turks and Caicos and more importantly the  Financial Crimes Unit has also confirmed the arrest.
We now understand that there are additional charges as outlined below.

1 count of Theft
1 count of Obtaining [...]

David Smith may seek exile, fears for his safety

Lead principal of Olint David Smith who is under house arrest in the Turks & Caicos fears that if he were to return to Jamaica that the safety of both himself and his family would be placed in jeopardy and he has not dismissed the prospect of being a permanent exile.
http://www.jamaicaobserver.com/magazines/Business/html/20090612T040000-0500_153317_OBS_DAVID_SMITH_FEARS_FOR_HIS_SAFETY_IN_JAMAICA.asp

FSC Publishes updated list…

The FSC has published and updated list of UFOs in the Jamaica… The list can be found at the link below or click on the image to see version

FSC June List

It list some 58 companies and the names of their principals in some cases.
What is interesting is that the list now carries some names not [...]

FlashBack: Lawsuits, Injunctions and Forex to Ponzi?

Today we start a series we call Flashback: ‘Last Year this time’. We will run this weekly series until the end of August.
Week ending May 30, 2008.
The week started with us looking at the Cash Plus boss facing the probability of going back to jail after being released on bail, if he failed to declare [...]