Another Jamaican ‘Investment’ Manager charged

The Gleaner Power 106 news is reporting that a Jamaican Investment Manager has been charged. Quoting a Associated Press source the Power 106 newsroom is say that the Royal Cayman Islands Police Services have charged 48 year old Robert Christopher Girvan  obtaining a money transfer by deception and producing a false document. 

The following hedge funds have said to collapased and have been closed by the authorities in Cayman Islands and the subseuqent 

  • The Grand Island Commodity Trading Fund I,
  • Grand Island Commodity Trading Fund II and
  • the Grand Island Income Fund

These were registered by the Cayman Islands Monetary Authority in 2006.

  • Grand Island Master Fund, was not registered in the Cayman Islands

Officials say the fourth, the Grand Island Master Fund, was not registered with regulators in the British territory

It is understood that the funds allegedly under management ranged from $20-30 Million Cayman Island Dollars

Sources: