David Smith freed from GT Prison next faces US Feds

first_img Related Items:David smith, free, grand turk prison, olint, ponzi scheme Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Missick & Co Defendants and David Smith all in Court this Week David Smith returns to court in January; heads back to HMP in Grand Turk Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 22 Jan 2015 – No comment for the media; David Smith who had been serving a six and a half year sentence on four counts of financial crimes namely: two counts of money laundering and two counts of conspiracy to defraud whisked his wife through the Provo International Airport terminal today bound for a private vehicle waiting to take them away from the spotlight. Smith has been incarcerated at the Her Majesty’s Prison in Grand Turk since 2010 and is due to complete a Federal sentence in the United States for similar crimes linked to a $220 million Ponzi scheme exposed in 2008; an Orlando court gave him 30 years. Smith was obviously thinner than when we last saw him; still with his signature beard and fresh off a flight out of the capital Grand Turk where he was released. Magnetic Media was told that he is finished his time for the Turks and Caicos; and what is next for the man who once headed Olint, a company founded in Jamaica is unclear. In 2013, the US Department of Justice advised individuals who had invested with Smith that they could make claims for compensation. The report in the Jamaica Observer explains that a part of Smith’s criminal sentence was to forfeit assets seized by federal authorities. In 2011, David Smith was convicted in the US District Court for the Middle District of Florida on multiple counts of wire fraud and money laundering. Robert Di Pano, a NY, NJ and Florida attorney who writes frequently on financial crimes cases put the gravity of what David Smith, who is a TCI Belonger into perspective, saying and I quote: “Regardless of the outcome (in the Turks and Caicos), the severity of Smith’s US sentence looms large in the background.” David Smith back in court; continues to fight US Extraditionlast_img read more

McLarens latest 720S is electric… and also a rideon toy for children

first_img Tags 0 In addition to a functional brake pedal and brake light, there’s also a freakin’ infotainment system, which has USB and SD card inputs for playing music or even watching a video. The car comes with popular kid’s songs built into the system, and the screen can also display pertinent information like the toy’s range (probably not much). There’s also a remote control so parents can give their children an “autonomous” experience, in case their driving skills aren’t yet trusted.While it’s definitely affordable by McLaren’s usual standards, it’s still on the expensive side for new parents, with a starting price of £315 (about $400). But then again, how many other ride-on toys come with engine sounds and an infotainment system? McLaren 720S: Too much supercar for the road? Car Culture Toys and Tabletop Games Enlarge ImageI wonder what the weight rating is. Asking for a friend, of course. McLaren In 2016, McLaren introduced its first all-electric car, a ride-on children’s toy modeled after its P1 hypercar. Now, there’s a second car in its lineup, and while the general idea is the same, there’s even more tricks hidden away in its latest offering.McLaren on Thursday unveiled the 720S Ride-On. Similar to the powered-wheel toys you see at the store that I will not name specifically out of trademark concerns, this new “car” aims to recreate the McLaren experience even more faithfully than the P1 Ride-On before it… within reason, of course.The 720S Ride-On can be purchased in one of eight different McLaren paint colors, including a launch edition with the automaker’s always-cool Papaya Spark hue. Like the 720S, it has dihedral doors that open and close, and the whole exterior looks pretty close to the real thing. The electric motor requires a key to start, and the toy pipes in proper engine noises to make it feel more like the real thing. 11 Photos 8:39 Now playing: Watch this: More about 2018 McLaren 720S Preview • 2018 McLaren 720S: Too much and just enough all at once 2020 McLaren 720S Spider review: Treat yo self Review • 2018 McLaren 720S: Raw power meets refined performance Share your voice McLaren Post a comment More From Roadshow 2019 Acura NSX review: Hitting its stride McLaren 720S Ride-On has its own infotainment system 2019 McLaren 600LT: Balanced and bonkers McLarenlast_img read more

Drug peddler beaten to death in Sylhet

first_imgA suspected drug peddler who received mass-beating at his house at Dattarail Naoapara village in Gapanganj upazila on Monday afternoon, died at Osmani Medical College Hospital at night, reports UNB.The deceased is Lipon Chandra Deb, 40, son of late Nagendra Chandra Deb of the village.Being tipped-off that Lipon has been carrying out drug business at his house in broad daylight, police with the help of the locals conducted a drive at the house to arrest him, police sources said.As the law enforcers approached to arrest him, Lipon pelted a broken bottle at the locals and policemen, forcing the locals to react befittingly. The local offered a good-beating to the drug trader, leaving him severely injured.Later, Lipon was admitted to Sylhet Osmani Medical College Hospital where he succumbed to his injury around 9:00pm.Confirming the incident, officer-in-charge of Gopalganj Model police station AKM Fazlul Haque said Lipon was accused in several cases including drug businesses.last_img read more