turks and caicos

OLINT Investors Await Smith Sentencing

 Above: Federal District Court in Orlando, Fla. By Robert Di Pano David Smith, the mastermind behind the Caribbean-based Olint Ponzi Scheme that bilked investors out of over $220 million, will be sentenced Aug. 11 in United States District Court in …

New Airline Could Launch in Turks

 A new air carrier, SkyCruise Airways, is set to launch in Turks and Caicos after submitting plans to the government’s Air Transport Licensing Authority. According to documents filed with the ATLA, the company’s points of departure and final destinations include …

Assets of Former Turks and Caicos Premier Michael Misick Frozen

 The assets of former Turks and Caicos Premier Michael Misick were frozen last week. Turks Chief Justice Gordon Ward ordered that all the assets of Misick, who resigned in 2009 after allegations of corruption, be frozen. “This order prohibits you, …

LATEST NEWS

 By the Caribbean Journal staff Damian Roderic Todd, former finance director on the board of the British Foreign and Commonwealth Office, has been selected as the next governor of the Turks and Caicos, assuming the role in September to succeed …

 Sheriva in Anguilla By Alexander Britell Luxury destination club Inspirato was founded in part by brothers Brent and Brad Handler, who also started Exclusive Resorts, the ultra high-end vacation club. The company is now in nine cities in the Americas …

 David Smith, who led the failed investment scheme OLINT, will plead guilty to 23 charges in Orlando federal court. Smith, who began OLINT in Jamaican until moving it to Turks and Caicos (where he pleaded guilty to fraud and conspiracy …

 Gordon Wetherell, Governor of Turks and Caicos, said there were “tough decisions” ahead for the territory, as the United Kingdom seeks to execute a financial support package for the archipelago, which saw its constitution suspended in 2009 after a series …

 Protesters in the Turks and Caicos have not yet relented, continuing their movement for expedited elections in the territory, which saw its self-rule suspended in 2009 after allegations of government corruption. The protesters have refused to dismantle a barricade along …