An investigation into a private investment firm in Jamaica where $12.7 million belonging to sprinter Usain Bolt is missing has sparked criticism over the government's handling of the case.
SAN JUAN, Puerto Rico --
A top official with Bank of Jamaica will take his place as the investigation continues into Stocks and Securities Limited, a firm based in the capital of Kingston. Clarke said a preliminary investigation found that a number of elderly clients also have been defrauded. He said that authorities are trying to determine whether any items have been bought with proceeds of the alleged fraud and that the government will seek full forfeiture of them.Jamaica’s Financial Services Commission regulates financial companies, including Stocks and Securities Limited, but many people are questioning why the alleged fraud wasn’t caught earlier.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Jamaica under scrutiny for fraud scandal that hit Usain BoltSAN JUAN, Puerto Rico (AP) — An investigation into a private investment firm in Jamaica where $12.7 million belonging to sprinter Usain Bolt is missing has sparked criticism over the government's handling of the case, with one top official forced to resign amid one of the largest fraud scandals to hit the Caribbean island.
Lire la suite »
San Diego County agrees to pay $12 million in wrongful death settlementThe settlement stems from a lawsuit brought by the family of 32-year-old Lucky Phounsy, who died following his April 13, 2015, arrest in Santee.
Lire la suite »
Britney Spears Quietly Selling Calabasas Home for $12 MillionBritney Spears is quietly selling her Calabasas home, showing the place off the market with a $12 million price tag, TMZ has learned.
Lire la suite »
Madewell Extra 50% Off Sale: Denim Jeans for $30 & More Trendy Looks Starting at $12 - E! OnlineThe cutest jeans for $30? Stylish sports bras for $12? Here is everything we're shopping from the Madewell extra 50% off sale.
Lire la suite »
US Coast Guard searching for missing man last seen near north Jamaica Beach on FridayAuthorities say 49-year-old Barry Baham was reported departing on his 12-15-foot white fishing kayak north of Jamaica Beach Friday and was due to return at 4 p.m.
Lire la suite »
Coast Guard searches for missing kayaker near Jamaica BeachCoast Guard searches for missing kayaker near Jamaica Beach
Lire la suite »