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Investigators prepare to charge SSL fraud suspect

Senior reporter and TVJ News Editor Janella Precius
By Clinton McGregor 
 
Investigators have said they are making arrangements to lay charges against Jean-Ann Panton, the former manager at the centre of a fraud scheme at investment firm Stocks and Securities Limited (SSL).
 
The decision follows raids conducted by the Fraud Squad and Financial Investigations Division at two homes owned by Ms Panton on Friday. Both homes - one in Millsborough and the other in Havendale - are located in St. Andrew. 
 
Several documents and electronic devices were seized. 
 
The raid was conducted in the presence of Ms Panton and her attorney. 
 
Senior Superintendent of Police Stephanie Lindsay, head of the Jamaica Constabulary Force's Corporate Communications Unit, confirmed that Ms Panton was in a wheelchair but could not give details about her health.
 
Investigators were called in last week to probe a major fraud scheme at SSL.
 
About 40 investors, including Olympian Usain Bolt, have been fleeced of millions of US dollars in one of the largest fraud rackets on record in Jamaica.
 


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