Worldwise reopens
Published:Tuesday | August 5, 2008 | 3:33 PM
Investment Scheme Worldwise Partners resumed operations this morning after a two-month break.
Its clients are still expressing frustration that there are no systems to make withdrawls.
This morning, several persons turned up at the company’s Ruthven Road offices in St. Andrew, but clients are not permitted on its premises.
The company is insisting that they must make the requests for withdrawal through its website.
Several persons said there is no option to make withdrawals on the website.
World wise said it has re-scheduled the relocation of its office to Liguanea until month end.
The company said partners would only be allowed one withdrawal from the principal deposit per quarter, in addition to their regular monthly profits.
The investment scheme said the auditing of its accounts is still in progress and will be ongoing.
World wise also said it will not be accepting any new deposits or facilitating the establishment of any new partnership agreements, until it is regulated by the Financial Services Commission (FSC).