FORT LAUDERDALE (CN) - A man says he lost $2.6 million in a "huge Ponzi scheme named OLINT" that targeted Jamaican Americans. He claims the scam was so lucrative that one of its operators, Joseph Issa, "used the money to purchase the Shell Oil facility in Jamaica for $80 million."
Robert Anderson sued five people and three organizations in Broward County Court: Jared Martinez, David Smith, Wayne Smith, Tracy-Ann Smith, OLINT, Joseph Issa, USIMO, and Superclubs.
Anderson claims he and his investors group put $2.6 million in OLINT, through USIMO, which is or was controlled by Issa.
"Jared Martinez and David Smith worked closely together in 2005 and onwards to create a huge Ponzi scheme named OLINT," according to the complaint...