Head of failed alternative investment scheme Cash Plus Limited, Carlos Hill, and his brother Bertram Hill were yesterday slapped with fraud-related charges along with Cash Plus’ Chief Financial Officer Peter Wilson, hours after the police revealed that over US$7 billion held in overseas financial institutions have been traced to the embattled Cash Plus boss.
Carlos Hill […]
The man behind the multi billion dollar bust is now behind bars. Police attached to the Organized Crime Investigation Division raided the house of the Cash Plus Boss Carlos Hill. He was subsequently arrested, and property seized by the investigative team.
Several uniformed and plain clothes police were seen loitering around at the Norbrook residence of […]
Are you thinking of putting up a business in the Caribbean? There are some things to consider when doing business in the Caribbean.
Firstly, crime rates are high. Make sure that your business location will be in a safe place. Also, when it comes to locations, place your office or business in a strategic place. If […]
Known for great tourism, the Caribbean offers many business opportunities in the tourism sector. For those thinking of investing in the Caribbean, there are many avenues you can explore in order to establish a successful business in the area. You may even choose Jamaica as your place of business. Jamaica is right at the heart […]
The United States economy is currently facing difficult issues since US money is being sent home by Caribbean immigrants that work in the United States. The immigrants have been working longer hours, meaning that the United States has to somewhere find the money to pay them. Just last year alone, the Caribbean immigrants sent home […]
As seen in the Sunday Gleaner- February 3, 2008
We hereby notify our client/partners and the public that our company World Wise Partners Limited has officially submitted its application to the Financial Services Commission (FSC) to become recognized as an approved FSC regulated financial entity.
World Wise has taken this action voluntarily, as our company has decided […]
At 6:45am this morning (5:45am est) cashplusinvestment was hacked by a online terrorist. I used the word terrorist instead of hacker for two reasons:
The malicious code that replaced my site’s code embedded an image of a Iraq war victim with an eerie middle eastern musical tune playing in the background.
Indeed this hacker caused much […]
The suit brought by investment scheme, Cash Plus Ltd., against the Financial Services Commission (FSC) took a dramatic turn yesterday when Cash Plus announced that it was discontinuing the suit.
Cash Plus, instead, took the decision to apply to the FSC to be registered, and assured the court that it was quite prepared to be regulated […]
People investing in high-yielding unregulated schemes are well aware of the risk involved and have been described by Ricardo Azan as “courageous”.
Azan is the man at the centre of an investment scheme which folded recently, flushing millions of investors’ dollars down the drain. He had been trading millions of his investors’ dollars in Europe, […]
THE government indicated yesterday that it will pursue legislative initiatives to increase control over the activities of unregistered investment clubs.
Making the announcement, minister without portfolio in the Ministry of Finance and the Public Service, Senator Don Wehby, told a post-Cabinet briefing at Jamaica House, that while investors bear the risk of their own investment decision, […]
