Displaying items by tag: Fraud

The Opposition People’s National Party is calling for greater urgency and a more deliberate approach on the part of the Government, with respect to the investigation surrounding the allegations of fraud at Stocks and Securities Limited (SSL). 

Antigua's Director of Public Prosecutions Anthony Armstrong, who is facing fraud-related charges in relation to three properties, was today re-offered $500,000 bail when he appeared in the Home Circuit Court.

THE Financial Services Commission (FSC) on Wednesday obtained a court order blocking directors of Stocks and Securities Limited (SSL) from taking action to wind up the company that is at the centre of a multi-billion-dollar fraud.

By Andrew Clunis

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Usain Bolt must feel like Lewis’ Carroll’s enigmatic character Alice, in the much-celebrated tome, Alice in Wonderland, as the SSL saga becomes ‘curiouser and curiouser’.

In early January 2023, news broke that several depositors at the investment firm Stocks and Securities Ltd., (SSL) had been fleeced of billions of dollars. 

RUNAWAY BAY, St Ann — Saying Prime Minister Andrew Holness's statement on allegations of a multi-billion-dollar fraud at investment firm Stocks and Securities Limited (SSL) had not gone far enough, general secretary of the Opposition People's National Party, Dr Dayton Campbell has urged the Government to "step aside" if it is unable to effectively handle the crisis and outline the way forward.

National Commercial Bank employee Khadene Thomas, who was hauled before the courts on Friday to answer charges of defrauding a client who knew and trusted her, is now being investigated in connection with funds missing from three additional clients' accounts.

By Andrew Clunis

Every good drama needs some great conspiracy theories, right?

MANCHESTER, Jamaica — Authoritative sources are confirming that there is a major investigation into suspected fraud at Knox Community College.

Attorney-at-law Tamika Harris, who is representing Jean-An Panton, the ex-employee of Stocks and Securities Limited (SSL), the investment firm now at the centre of a massive fraud investigation, is livid that a document with sensitive information about her client was released to the public.