Hands Across Jamaica removed from Ponzi scheme watch list

The charity, Hands Across Jamaica for Righteousness, has been removed from the Financial Services Commission (FSC) public watch list.



Hands Across Jamaica for Righteousness was placed on the list approximately three years ago, on suspicion of operating a Ponzi scheme.



However, the FSC said other companies, namely Write Vision, E. Partners Private Members Club, Outstretched Hands Limited and Vision Increase SA Corp.– all owned and operated by Yvonne Coke, who was also principal of Hands Across Jamaica – were still on the list of unregulated entities.



The FSC has placed those companies on public watch due to not being licensed or registered to solicit, or take funds from members of the public with the promise to pay returns.



Hands across Jamaica, in a statement this week, said its removal from the watch list ended some three years of “a virtual shadow over the organization,” but added that it was never involved in financial trading.



The organization said it can now return to undertaking its core function of changing negative behaviour patterns, especially among young people.



business@gleanerjm.com