1 minute read
savings to a scam
Jamaican Olympic sprinter Usain Bolt was shocked to discover $12 million missing from an account he had with Kingston-based investment firm Stocks and Securities, according to his lawyer. Bolt was recently told there was only about $12,000 remaining in the account, his lawyer Linton P. Gordon said in a phone interview. The account was part of Bolt’s retirement and lifetime savings.
“It’s distressful news for anyone,” Gordon said on Wednesday. “And certainly in the case of Mr. Bolt, who established this account as part of his private pension.”
Jamaica’s Financial Services Commission on Tuesday said it had installed its own temporary manager at SSL, following reports of allegations of fraud that had earlier prompted the commission to put the bank under enhanced oversight.
New Delhi: Big tech companies that profit by funnelling news into their search results and feeds must give a “fair share of revenues” to publishers, the Indian government has said, citing a need to address the “imbalance” in the
Mr Chandra linked the issue to the “strained financial health” of media companies in a message at a conclave organised by the Digital News Publishers Association (DNPA) - an umbrella organisation of 17 leading Indian news publishers, including NDTV.
The disclosures should be in simple and clear language, should be of duration that is hard to miss, must be run with endorsements, including live streams and should be platform agnostic.