Investment Clubs

May Daisy suspends payouts

bigculture — Thu, 17 Jul 2008 21:18:18 -0500

Another investment scheme is reporting that it has had to suspend payouts to its clients. May Daisy Corporation said it is not able to repay investors their principals or interest at this time and its not sure when it will be in a position to do so.

original news source

Capital Blu

bigculture — Fri, 29 Feb 2008 16:33:23 -0600

Capital Blu Management LLC is a full service global leader in private asset management, strategic advice, trader education and consulting for the Foreign Exchange Market (Forex)

Jamaican Forex traders hire consultant

bigculture — Thu, 21 Feb 2008 08:47:03 -0600

Gavin Chen, a development finance specialist, is charting a plan for Jamaica's nascent foreign exchange traders that is meant to legitimise them as a formal sector and position their operations as suitable candidates for licensing or registration.

original news source

Investors complain about long wait for cheques at World Wise

bigculture — Tue, 12 Feb 2008 08:00:47 -0600

INVESTORS in World Wise Partners yesterday rued the long hours they spent at its Ruthven Road headquarters in Kingston, waiting to collect cheques they requested from as early as last month.

Minvestments gone, in comes Swisscash.net

bigculture — Sat, 09 Feb 2008 18:56:57 -0600

And now this warning, swisschash.com which ran and robbed many Jamaicans of hundreds of thousands of USdollars have resurfaced as swisscashinvest.net with a slicker site and the same scammy sweet talk. There is nothing Swiss about this online site scam, more like Indian or South African surmised by other reputable sites investigating them.

— Cashplusinvestment Forum

Worldwise applies for FSC Approval

bigculture — Mon, 04 Feb 2008 12:23:43 -0600

Worldwise Partners limited has applied for FSC approval as the company is seeking to expand its services in Jamaica.

original news source

Olint’s outlines contingency repayment plan

bigculture — Mon, 21 Jan 2008 08:47:32 -0600

Olint Limited said it is putting contingency plans in place in light of the possible closure of its local bank accounts. The foreign exchange trading investment scheme said it will be able to continue operations using its overseas banking links.

original news source

New regulatory agency coming?

bigculture — Fri, 18 Jan 2008 11:11:17 -0600

With the growing acceptance of foreign exchange (FX) trading in Jamaica and the purchase of an FX trading outfit by Scotiabank Toronto, Minister of Finance, Audley Shaw, held out the possibility for the creation of a Futures and Commodities Commission to regulate alternative investment schemes that offer foreign exchange trading, hedge funds, derivatives and other non-traditional financial products in Jamaica.

$200 billion held in Jamaican Investment Scheme

bigculture — Fri, 18 Jan 2008 11:01:53 -0600

According to the researchers' findings,approximately $200 billion has been invested by Jamaicans in local informal investment schemes. Most investors, who are mainly middle-class Jamaicans, invest just under $600,000 in the schemes.

original news source

FSC Jamaican Investor Warning Ad!

dread — Thu, 17 Jan 2008 16:31:11 -0600