The Editor, Sir:

From my understanding, a certain investment company, which had promised its shareholders or clients 120 per cent interest per annum on their investment, claimed that they are now (as the print media stated) taking steps to regularise or have their company duly registered according to the laws of this country.

According to the laws of the land, no investment company can offer more than 40 per cent per annum to investors/clients. What methods or means, if any, is this company going to use to satisfy their clients, who have invested their hard-earned money and are now waiting to claim their promised 120 per cent interest, and may now be asked to accept a drastic cut on their returns? And why hadn't this company taken this route, which was the lawful one, in the first place and as a means of attracting investors, offered them the maximum 40 per cent per annum?

fallout in the making

As I see it, a serious situation is looming and a fallout of great magnitude is in the making, which could cause instability in the country at large. I think it is now time for the Government to step in to prevent, what I would call, a crisis. The investors need to be told the truth, not only by the investment company, but the Government as well, so that they can prepare for the fallout, which seems imminent.

Lucky are the ones who may have had the opportunity to get this 120 per cent, I say run with it. I was tempted at one time to invest with this company, but thankfully, I did not yield to temptation.

I am, etc.,

DUDLEY A. BROWN

27a Beechwood Avenue, Kingston 5.