Stunning new development in the Capital Blu Forex Case !!!

The prominent forensic accounting and consultancy firm Lewis B Freeman has been placed into receivership. So who is Lewis B Freeman.
This was the firm which was appointed receiver for Capital Blu Management, which is the Donavon Davis Jr. led forex trading outfit which ripped off its clients almost US$17M dollars.
The receiver in his last report [...]

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 [...]

Will the former DPP respond to the Deputy Director of FSC challenge ?

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 [...]

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 [...]

Olint investors urged to come forward

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 [...]

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’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 [...]

OLINT to be wound up

The  TCI Weekly News is reporting that OLINT TCI is to be wound up beginning Tuesday June 2, 2009.
David Smith home and offices were raid in July 2008 and assets frozen by the TCI Law enforcement.  Later that month, OLINT and David Smith’s accounts in the USA were frozen. In February  2009 he was charged [...]