$100mil Ponzi scheme ..money deh a yaad u know

[evanovitch]

Kingston-based businessman Gerald Pusey, who headed an alleged Ponzi scheme which collapsed last year, was back before the Corporate Area Criminal Court on Monday.

Prosecutors acknowledged in the court <span style="font-weight: bold">that the police are having difficulty completing their investigation to place the matter on the trial list.</span>

<span style="font-weight: bold">They say they are still awaiting computer evidence in the matter.</span>

As a result, the matter was again placed on the mention list for January 26.

Mr. Pusey who headed the collapsed Partner Financial Investment Limited, is accused of defrauding depositors of more than $165 million.

Fraud Squad detectives reported that between 2006 and 2007, Mr. Pusey collected millions of dollars from investors and promised them interest rates ranging from 10% to 12% per month.

However, he failed to make payments, prompting investors to call in the police.

<span style="font-weight: bold">One investor reportedly lost $93 million in the fraud.</span>

Mr. Pusey is facing 19 counts of fraud.

[Suesumba]

Re: $100mil Ponzi scheme ..money deh a yaad u know

so him get fi buy a new sheet set and a 20lb bag a rice?

[evanovitch]

Re: $100mil Ponzi scheme ..money deh a yaad u know

ah sah mi naw mek u use u sarcasm so mash up mi country currency btw how come u no ovah di facebook posse a chat di site

[Suesumba]

Re: $100mil Ponzi scheme ..money deh a yaad u know

no. i had erased my profile and as soon as mi received a message &quot;from some guy i don't even know&quot; and logged it, my profile went up again.

[j-kid]

Re: $100mil Ponzi scheme ..money deh a yaad u know

Very interesting last name? Under the circumstances, it seems well deserved, maybi di parents could see into the future.

[Magician]

Re: $100mil Ponzi scheme ..money deh a yaad u know

Look seh him in the hole now!

[Hush Darlin]

Re: $100mil Ponzi scheme ..money deh a yaad u know

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Magxx</div><div class="ubbcode-body"><span style="font-weight: bold">Look seh him in the hole now</span>! </div></div>
huh?

[evanovitch]

Re: $100mil Ponzi scheme ..money deh a yaad u know

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: J kid</div><div class="ubbcode-body"> <span style="font-weight: bold">Very interesting last name</span>? Under the circumstances, it seems well deserved, maybi di parents could see into the future. </div></div>


u know, i wondered if he was related to any of the judicial circle.....irony is how Fray case sped tru di courts while dis one slow dung like seh Ja still a use dial up...