Swisscash Drops Off the Radar

Summary


On Wednesday, September 5, Jamaica's Financial Services Commission (FSC) confirmed it had been receiving calls saying the Swisscash website had closed down. Such persons, said the agency, also wanted to know whether it had any means of contact with the company, whose offices were listed as Madison Avenue, New York in the United States, and Roseau in Dominica. The latter address was given only as a post office box number.

The FSC in July had issued an alert against Swisscash, saying it was not authorised to sell securities in Jamaica, having detected the presence of the high-return scheme.

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Extract


Swisscash Drops Off the Radar

SWISSCASH, AN Internet-based investment scheme which advertises itself as a 50-year-old mutual...

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