BOLT FIRES BUSINESS MANAGER FOLLOWING MAJOR FRAUD SAGA

Jamaican track legend Usain Bolt has fired his business manager after losing approximately $12.7 million in one of the largest financial fraud schemes in recent Jamaica history. Bolt clarified in an interview on Friday that his former business manager was fired, ending the previous notion that the two amicably parted ways. He also made it … Continued

INT. SOCA MONARCH CANCELLED OVER FUNDING ISSUES

There will be no International Soca Monarch Competition this year. The highly anticipated staple event on Trinidad and Tobago’s Carnival Calendar has been cancelled voluntarily for the first time in three decades after the Government of Trinidad and Tobago refused the issue $10 Million funding to the event’s promoters.  Director of the Caribbean Prestige Foundation … Continued

FORMER RBR COMMANDING OFFICER JAILED

Former Commanding Officer of the Royal Bermuda Regiment, David Curley has been sentenced to 18 months in jail and 12 months on a suspended sentence after pleading guilty to a charge of official corruption. The sentence was handed down by a Supreme Court this week.  Curley’s guilty plea, which was entered last July, meant he … Continued

FBI TO INVESTIGATE SSL FRAUD IN JAMAICA

Jamaica’s law-enforcement agencies have reached out to the Federal Bureau of Investigation (FBI) and other international partners to assist them in unravelling the nearly US$19.5 million fraud at investment firm Stocks & Securities Limited (SSL). The fraud, which has been ranked among the largest in Jamaica’s history, has impacted more than 30 clients, including Jamaica’s Olympic legend Usain … Continued

CARIBBEAN COUNTRIES TO BENEFIT FROM GERMAN-FUNDED TNC PROJECT

The Nature Conservancy is delighted to announce that its proposal “CoralCarib: Pioneering a new strategic approach for conserving and restoring Caribbean coral reef ecosystems that targets Climate Resilient Refugia” to the International Climate Initiative (IKI) has been approved by the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) in Germany. … Continued

CARIBBEAN NATIONS CALL FOR URGENT ACTION ON DEMENTIA FOLLOWING SKYROCKETING DEMENTIA FORECASTS AND STALLING PROGRESS IN THE REGION

Despite recent statistics showing that dementia prevalence is set to increase in the Caribbean by 155 per cent by 2050, regional progress in tackling the neurodegenerative condition is far too slow, say Alzheimer’s Disease International (ADI), the global federation for 105 Alzheimer’s and dementia associations across the world. Only 16 per cent of Caribbean countries … Continued

LOVELL RESIGNS AFTER 3RD CONSECUTIVE DEFEAT AT THE POLLS

After failing to lead the United Progressive Party to victory in Antigua and Barbuda’s General Elections for a third consecutive time, Harold Lovell has resigned from leadership of the party. Lovell reportedly issued his resignation on Thursday, less than 24 hours after the confirmation of the Antigua and Barbuda Labour Party’s victory in retaining leadership … Continued

BRAZEN DAYLIGHT ROBBERY IN ST JOHN

A brazen daylight robbery has come under investigation in St John. According to police, about 1:00 pm on Wednesday, three masked assailants launched an attack on Imperial Jewelers located at the Mongoose Junction Shopping and Dining Facility.  The perpetrators, described as black males wearing bandannas across their faces and dark coloured hoodies reportedly barged into … Continued

FORMER SSL MANAGER CONFESSES TO ROLE IN MAJOR FRAUD SCHEME IN JAMAICA

Former Stocks and Securities Limited (SSL) Manager Jean-Ann Panton has confessed to defrauding several clients of the investment firm in a major fraud scheme that has also impacted Olympic Legend Usain Bolt. While it remains unclear whether Panton’s scheme directly impacted Bolt’s account, the Client Relationship Manager detailed her involvement in the scheme in a … Continued