Reports state that Olint’s David Smith has been arrested in the Turks and Çaicos Islands. 

Source: Jamaica Observer, Friday, February 06, 2009 - Smith arrested

Olint boss arrested in Turks and Çaicos

David Smith, the embattled principal of alternative investment club Olint, was yesterday arrested by police in the Turks and Çaicos Islands and charged with fraud, the authorities there have reported.

 

Accounts Closed

Source: Jamaica Observer, Monday, February 09, 2009 -  Doctor loses bid to block transfer of Olint funds  BY PAUL HENRY Observer staff reporter

The Jamaica Supreme Court Friday refused an application by US doctor Christopher Walker to bar the National Commercial Bank (NCB) from transferring monies to embattled alternative investment outfit Olint Corporation Limited when the bank closes its accounts.

 

Source: National Commercial Bank (NCB), Tuesday, January 27, 2009 - Privy Council permits NCB to close Olint’s accounts


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