Olint Money-Laundering Investigations Continue

Money Laundering!
Originally uploaded by elvis_payne

The following is an update to our previous post on Olint:

On Monday, July 21, 2008, Nationwide Radio reported that Olint TCI, TCI FX Traders, Gareth Harris May Daisy and Ingrid Loiten are currently being investigated in the USA, on money-laundering charges.

As such, all their accounts have been frozen.

(Olint TCI and TCI FX Traders are companies owned and operated by David Smith, founder and owner of Olint.)

It was also reported that of the two (2) accounts that Mr. Smith had with FXCM Forex Capital Markets, only USD $3.7 million was left in one (1) account and the other account was empty.

(FXCM Forex Capital Markets' FX Trading Station is one of the foreign exchange platforms that David Smith traded on. Foreign exchange trading platfoms allow users to analyze charts, make trades, and track the progress of those trades.)

Well, this is certainly an important occurence of interest to Olint clients/members and followers of news re Olint.

No doubt as the investigation progresses, more details will be made known...

And you can be sure that Girl With a Purpose (GWAP) Blog will bring these updates to you!

Gillian

Source Includes:

1) Programme "Cover Story", Nationwide Radio, July 21, 2008