The fraud case against former OLINT boss David Smith has been adjourned for another three months.
His attorney, Oliver Smith, told the Financial Report that the matter has been put off until September 23.
David Smith appeared in the Supreme Court in the Turks and Caicos Islands on Monday to answer several charges arising from the collapse of the unregulated investment club in 2008.
Mr. Smith is accused of fraud, theft, money laundering, false accounting among other charges.
He was arrested last year in Turks and Caicos and later granted US$1 million bail.
His assets have been frozen by OLINT's liquidators.
The investment club, which collapsed after the authorities in Jamaica and Turks and Caicos raised concerns about its operations, reportedly had 6,000 clients with investments of US$220 million.
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