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David Smith may not face charges in Jamaica
2010-08-20 17:19:46 |
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Embattled Olint boss, David Smith, is not likely to face charges in Jamaica for allegedly defrauding Jamaicans millions of dollars through his failed foreign currency [COLOR=blue !important][COLOR=blue !important]investment[/COLOR][/COLOR] scheme.
Smith was indicted on 23 [COLOR=blue !important][COLOR=blue !important]financial[/COLOR][/COLOR] irregularity charges by a United States District Court in Florida on Wednesday.
He is also awaiting trial in the Turks and Caicos Islands where he is facing 30 charges for alleged financial crimes.
It is further understood that the US court which indicted Smith is currently making arrangements for his extradition to America.
But Assistant Commissioner of Police (ACP) Les Green says it is unlikely that Smith would be charged in Jamaica, given that other jurisdictions have already implemented investigations and brought charges.
ACP Green says although the question as to whether Smith committed fraud while in Jamaica has to be considered, he was more likely be prosecuted in another jurisdiction where the greater offence was committed.
Efforts to obtain a comment from Turks and Caicos Deputy Police Commissioner Hubert Hughes as to whether a request had been submitted by US authorities for Smith's extradition were unsuccessful as phone calls went to his voicemail.
2010-08-20 17:19:46 |
with audio | (0 Comments) Embattled Olint boss, David Smith, is not likely to face charges in Jamaica for allegedly defrauding Jamaicans millions of dollars through his failed foreign currency [COLOR=blue !important][COLOR=blue !important]investment[/COLOR][/COLOR] scheme.
Smith was indicted on 23 [COLOR=blue !important][COLOR=blue !important]financial[/COLOR][/COLOR] irregularity charges by a United States District Court in Florida on Wednesday.
He is also awaiting trial in the Turks and Caicos Islands where he is facing 30 charges for alleged financial crimes.
It is further understood that the US court which indicted Smith is currently making arrangements for his extradition to America.
But Assistant Commissioner of Police (ACP) Les Green says it is unlikely that Smith would be charged in Jamaica, given that other jurisdictions have already implemented investigations and brought charges.
ACP Green says although the question as to whether Smith committed fraud while in Jamaica has to be considered, he was more likely be prosecuted in another jurisdiction where the greater offence was committed.
Efforts to obtain a comment from Turks and Caicos Deputy Police Commissioner Hubert Hughes as to whether a request had been submitted by US authorities for Smith's extradition were unsuccessful as phone calls went to his voicemail.
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