US Company Duped Caribbean Investors Out Of Millions

A court in Britain has been told that a company which operated in the US, various Caribbean islands and the UK, duped hundreds of investors out of their savings in a huge $240 million international fraud. 

Three of Imperial Consolidated’s bosses are accused of having lured victims around the world into parting with their cash with glossy forecasts of generous returns up to 36%.

London’s Blackfriars Crown Court was told that behind the façade of seemingly healthy balance sheets were men who allegedly made “promises which could not be kept”.


Prosecutor Tim Barnes told the court that people all over the world invested in these off-shore funds believing that Imperial was making big profits from their lending businesses in the UK.

www.radiojamaica.com

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