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Tel: (649) 946-8542 VOLUME 6 No. 42
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NOVEMBER 19TH - NOVEMBER 26TH, 2010
By Hayden Boyce SUN Publisher & Editor-in-Chief
DAVID SMITH, WHO was picked up by United States marshals from the Grand Turk jail and flown to Florida on Thursday November 18, is looking at spending the rest of his life behind bars in the United States of America (USA), if he is convicted on several financial crimes. United States Attorney Robert E. O'Neill, said in a statement obtained by The SUN, that on August 18, 2010, Smith was charged by an Information filed in the Middle District of Florida, Orlando Division, with four counts of wire fraud, one count of conspiracy to commit money laundering, and eighteen substantive counts of money laundering. “If convicted, Smith faces a maximum penalty of 20 years in federal prison on each count,” O’Neill stated. On Thursday, a team of federal agents with U.S. Immigration and Customs Enforcement (ICE) traveled to Grand Turk, in order to pick up David A. Smith, who is charged in the Middle District of Florida with wire fraud, conspiracy to commit money laundering, and money laundering. Smith was handed over to U.S. authorities pursuant to an official request by the United States government for him to be brought to Orlando, Florida to face federal charges. The Jamaican was serving a 6½ year prison sentence in Turks and Caicos for fraud and conspiracy offenses. He pleaded guilty to those crimes in September 2010. Smith’s lawyer, Oliver Smith (no relation), flew to Orlando to represent his client. O’Neill stated that Smith was notified that that the United States intends to forfeit certain items of property that are alleged to be traceable to proceeds of the offense, including a money judgment in the amount of $128 million; a residence located in Windemere, Florida; precious gemstones, precious metals; jewelry, and $40,103.90 involved in a wire transfer that was conducted on July 24, 2006. Continued on Page 2
David Smith