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Re: so dem cancel Monique show
and david smith get 30 yearsWhen its hot in the jungle of peace I go swimming in the ocean of love..... -
Re: so dem cancel Monique show
'bout time <span style="font-style: italic">bayybeh</span>!
Man I hate when she calls everyone baby!Comment
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Re: so dem cancel Monique show
By the way - where's all the money?
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OrlandoSentinel.com<span style="font-weight: bold"><span style="font-size: 17pt">
Banker who bilked more than $220M from investors sentenced to 30 years</span></span>
Jamaican banker David A. Smith pleaded guilty in Orlando federal court.
By Amy Pavuk, Orlando Sentinel
2:30 PM EDT, August 11, 2011
David Smith, a Jamaican banker charged with bilking investors out of more than $200 million, was sentenced to 30 years in prison Thursday in Orlando federal court.
After hearing three hours of legal arguments and victim testimony, which was emotional at times, U.S. District Judge Mary Scriven handed down the sentence.
Smith pleaded guilty to 18 counts of money laundering, four counts of wire fraud and one count of conspiracy to commit money laundering.
Federal prosecutors say more than 6,000 people from Orange County, Jamaica, the Turks and Caicos Islands and elsewhere invested in Smith's companies, which include Olint Corp.
Smith admitted to describing Olint as a private investment club, where he would pool investors' money to engage in foreign currency trading on their collective behalf.
But as typical of a Ponzi scheme, Smith paid returns to investors from their own funds, or money paid by later investors, rather than from any real profit.
Prosecutors say Smith financed his lavish lifestyle by transferring millions of dollars to his own bank accounts.
Several of the victims who invested their money with Smith's company spoke at the sentencing hearing, and others previously provided statements to Scriven.
The judge read one of those letters aloud. It was from a man who described the "total devastation" Smith's scheme had on his life.
The man stated he had to flee Jamaica because his life was in danger for speaking out against Smith, and he and his family are now living in England. His credit score was ruined, his debts rose, his car was repossessed and he's on welfare.
There is "no shortage of catastrophe" in his life, the man stated.
In court, local doctor Christopher Walker spoke on behalf of his father, an 86-year-old who sat through the proceeding in a wheelchair.
Walker began to choke up as he explained how his father worked hard for his family so that in his final years, he would have no worries.
<span style="color: #FF0000">The elder Walker invested his life's savings — about $1.5 million — with Smith's group.
Walker described how distressing it was to see his father cry over the situation and worry about what will happen to his wife.
"I have never before seen my father cry," Walker said. "That is something I can never forget."</span>
Another victim, Mark Allen, described how his family had to sell their home and move to a rental property because of the financial loss. Today, he works 60 to 80 hours a week.
Allen helped other family members and friends invest with Smith. Collectively, they lost about $800,000, he said.
"By the grace of God we survived," he said.
Smith, 42, apologized to the judge. He turned around and looked at a packed courtroom as he extended his apology to his victims and family.
"What I did was inexcusable," he said.
Smith, who is married with several children, asked for leniency and said he wants a second chance at life.
<span style="color: #FF0000">"I am not a terrible person</span>," he said.
Assistant U.S. Attorney Bruce Ambrose told Scriven the government proposed a minimum sentence of 30 years in prison.
Ambrose reminded the judge of the estimated 6,000 victims and the amount of money stolen. That money, Amrbose said, was used to fund Smith's million-dollar mansion and luxuries such as flying on private jets to cricket games.
Scriven noted that Smith expressed remorse for his actions. He devastated his own family and brought devastation to countless others.
Smith was previously sentenced to just over six years in prison in the Turks and Caicos Islands, where he also pleaded guilty to fraud and conspiracy charges.
Scriven ruled Smith's prison sentence will run concurrent to the prison time in the Turks and Caicos Islands. That means Smith will be returned to the Turks and Caicos in upcoming days. After serving his sentence there, he will be brought to the United States to serve the remainder of Scriven's sentence.Comment
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Re: so dem cancel Monique show
no problem,
she's 'best actress' materialComment
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Re: so dem cancel Monique show
Guess shi was too loud!Comment
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Re: so dem cancel Monique show
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: J kid</div><div class="ubbcode-body">Guess shi was too loud! </div></div>
she had no clue...her interview wid Baby Gong showed dat up ...Comment
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Re: so dem cancel Monique show
Thank God I can't stand herComment
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Re: so dem cancel Monique show
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: sagal</div><div class="ubbcode-body">Thank God I can't stand her </div></div>
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Re: so dem cancel Monique show
neva watch ar show. shi da stereotypikkkal loud blakk image dat oyinbo luv fe push. no wandar shi wass pon bet
y dem doan cancel da game too. mzungu ooman iss da iighest paid actress pon dat show. noo wandar shi iss da head cheerleader
dem need fee cancel single ladies too. dat dash lady doan like blakk menComment
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Re: so dem cancel Monique show
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Skelly</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: sagal</div><div class="ubbcode-body">Thank God I can't stand her </div></div>
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Me chree!
S'about time.Comment
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