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US requests extradition of Jamaican fraudster, David Smith

Published:Tuesday | March 24, 2015 | 3:18 PM
David Smith

United States authorities have reportedly made a formal extradition request for Jamaican fraudster, David Smith.

According to a report in the Turks and Caicos Weekly News, Smith, who was being detained on a provisional warrant, appeared in court last Thursday where he was formally arrested and taken into custody.

The report said a full hearing for the extradition will be held in court on Wednesday, April 8.

In January, Smith was released from prison after having served a portion of his six year jail term.

He was arrested shortly after on a provisional warrant, denied bail and sent back to jail to await a formal request from the US for his extradition.

The news report said Smith is expected to serve 30 years in prison in the US.

Smith, who initially operated his company Olint in Jamaica, was exposed as a fraudster, arrested, charged and subsequently convicted of multiple counts of wire fraud and money laundering in the TCI in 2010 and then the US in 2011.