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Tuesday, July 26

RBTT to pay Jamaica customer US$70K for misleading counsel on Cash Plus

Stabroek News: "A financial institution has been ordered by the Supreme Court to pay US$70,000 with interest to one of its customers who was given wrong advice by one of its employees to invest her money in the failed investment scheme Cash Plus Ltd.

Supreme Court judge Bertram Morrison yesterday ordered RBTT Securities Jamaica Ltd, which is an arm of the recently rebranded RBC, to pay the money to Yvonne Powell."