Cash Plus Liquidator Finds Possible Hidden Loot

Cash Plus Liquidator yesterday announced, that he had found possible hidden loot of about US $25 million in a Swiss Bank account held in Dubai. According to reports, action has already been initiated to have these funds frozen has the liquidator believes they are rightly belonging to the Cash Plus Investors.
http://www.jamaica-gleaner.com/gleaner/20091007/lead/lead1.html
http://jamaicaobserver.com/news/html/20091006T190000-0500_161288_OBS__CASH_PLUS_MILLION__FOUND_IN_DUBAI_.asp

David Smith Granted Bail

David Smith was granted bail on October 1, 2009 . He and his wife was arrested again on September 28,2009. His wife was granted bail while he was initially remanded on until the Oct 26,2009 court date.
http://www.jamaica-gleaner.com/gleaner/20091003/lead/lead3.html
n.b.

Olint’s David Smith in Jail

There is news that David Smith is now in a TCI jail following being arrested again. It is understood that his wife was also arrested but release on bail.  It is understood that she is pregnant.
According to reports available the additional charges are in relation to the Management of OLINT TCI but no details were [...]

OLINT Feeder Club Members: File your claim against the respective Club

The Liquidator of OLINT TCI as issued an update in regard to feeder club members. In essence it is directing to investors who invested in investment/feeder clubs, that in turn invested in OLINT, to  file a claim againts that club and not against OLINT TCI.
If you are a member of a feeder club or investment [...]

Reflections One year later.

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 [...]

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 [...]

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*.) [...]