Posted on July 25, 2009 by jay
Former DPP, Kent Pantry in a speech that was covered by CVM seemed to indicate that the FSC had some responsibility for the collapse of Olint. See his speech at the following link:
http://docs.google.com/www.utech.edu.jm/News_Events/51stAnniversaryLecture.pdf
In response the deputy director of the FSC, George Roper, wrote a letter to the Gleaner: See letter at the following link
http://www.jamaica-gleaner.com/gleaner/20090417/letters/letters2.html
In one [...]
Filed under: Olint, UFOs | Tagged: DPP, FSC, Jamaica, Olint, Scheme | 16 Comments »
Posted on July 19, 2009 by investforlife
July 1-18, 2008 was an eventful period for OLINT investors. This article is a reflection and a re-write of a previous article entitled “OLINT where is the money” .
One year later and many OLINT investors are still waiting. Some are listening and feeling around for something that will let them know that the money is [...]
Filed under: Cash Plus, Olint | Tagged: Carlos Hill, Cash Plus, David Smith, Jamaica, Olint, Ponzi | 1,265 Comments »
Posted on July 12, 2009 by jay
In keeping with what many of us have been saying as it relates to the possible recovery rate of investors who invested in the AIS, the observer is today reporting that CashPlus investors could recover as little as five cents on the dollar.
This is close to the figure which many of the “detractors” have been [...]
Filed under: UFOs | 22 Comments »
Posted on July 4, 2009 by jay
Today we were greeted with the news from the liquidator out of the TCI, who was lamenting the fact that many persons who have been defrauded by Olint TCI have been reluctant to come forward with their claims.
ISLANDERS who ploughed cash into scandal-plagued firm Olint TCI are being urged to submit their claims if they [...]
Filed under: Olint, UFOs | 561 Comments »
Posted on July 2, 2009 by jay
The current battle between former CEO of BNS and BNS Canada is really getting ugly and will turn out to be a very costly process.
Is Bill Clarke justified in putting up such a fight to retain his “dignity” or should he just have taken the offer from Scotia and ride off into the sunset.
Is this [...]
Filed under: UFOs | 31 Comments »