Carlos Hill Declares and avoids Jail

FORMER Cash Plus boss Carlos Hill today made full disclosure of his global assets in the Supreme Court and as a result was spared jail time. He had been ordered to declare his assets from as far back as April 2008 as a result of an application brought to the courts by Cash Plus investor Haber.

The original order expired but was extended on at least 2 occasions. Today, Justice Brooks was satisfied with Mr. Hill’s declaration, however that Mr. Haber was not happy and filed an application with the Court of Appeal.

Lewfam publishes new update

Lewfam has posted another update to its troubled members. The update reads as follows

Dear Members,

We wish to take this opportunity to thank you so very much for your continued patience, understanding and support shown in so many different ways.

Please be assured we are working assiduously to procure funds to honour urgent encashment requests of our LewFam Club members. At this time we are unable to give you a specific date when those funds will be received by us for disbursement, but we are working very diligently to fulfill your requests.

We have not received any gains reports from the trader for the month of July, but we are awaiting further communication from him. We will therefore be communicating with you again on or about the 12th of August when we expect to have some more news.

Again, we thank you for your continued support.

Management and Staff

LewFam Club

n.b. Thanks to the poster who posted this. Keep posting or e-mail information to hyipmyths [at] yahoo [dot] com.

Carlos Hill must declare or be jailed

FORMER Cash Plus boss Carlos Hill must today make full disclosure of his global assets in the Supreme Court or face imprisonment for contempt of court.

HILL failed to comply with an April court order to disclose all his assets

Today’s deadline was set last Wednesday after Hill failed to comply with an April court order to fully disclose his assets

Source: http://www.jamaicaobserver.com/news/html/20080807T220000-0500_138816_OBS_D_DAY_FOR_HILL_TO_DISCLOSE_GLOBAL_ASSETS.asp