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Cash Plus broke - Receiver says investment club has no money to pay out

Jamaica Gleaner News "The court-appointed co-interim receiver manager, Kevin Bandoian, has disclosed that Cash Plus has no money to begin repayments on April 14 as scheduled, and there is no indication whether the repayments will ever be made.
Last month, Cash Plus Ltd announced that persons with balances up to $100,000 would be repaid next Monday. Those with balances up to $200,000 were to be repaid on April 21, while persons with larger balances would get a portion of funds invested at Cash Plus."

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