This was today’s headline in the Jamaica Observer…
“Added the Westlaw report: “More specifically, defendant solicited and accepted money from customers (an ‘advance fee’ of about (US)$25,000 - (US)$35,000) based on a fraudulent promise to arrange funding for loans which never materialised. As a result of this scheme, Hill and his collaborators defrauded nearly 500 victims out of an estimated (US)eight million dollars.”
Not looking too good for Carlos is it? Even if the public remains loyal...as far as any hopes of bringing the operation under any kind of regulatory framework is concerned, the chances have become even more remote.
