Caribbean Real Estate Investment Fund fund may have not been as popular as others, but today’s news will make it just as infamous…

http://www.jamaicaobserver.com/magazines/Business/html/20080506T230000-0500_135329_OBS_CAREIF_CRASHES.asp

CAREIF in theory was not a bad idea but the returns promised were just nuts...I suspect influenced strongly by rates being paid by Olint, CashPlus etc. Will the principals be charged...we now await the verdict....

Thanks for the informations..It is informative..Im still reading it..

Surendettement

Dawne

Looking back on all this now all the high yield firms have either gone bust or have been proven to be fraudsters.