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Muna Heaven- Hill, United States-based attorney also participated in last season's Donald Trump reality television series, The Apprentice. Bertram Hill Jnr is the son of Mr. and Mrs. Bertram Hill and brother to popular actor Dule Hill.
The Cash Plus CEO Carlos Hill and his brother, Bertram Hill Dule's father, were arrested on April 10, 2008 after the police carried out a raid at Hill's upscale St Andrew residence.Green told reporters, during a press briefing at the police commissioner's office on Old Hope Road, St Andrew, that following inquiries into Hill's assets.
Police investigators have revealed they will be seeking to confirm the existence of more than US$4.6 billion (J$326.6 billion) stashed across the globe, for which documentation was seized from the home of Cash Plus Limited boss Carlos Hill.
Assistant Commissioner of Police Les Green told journalists that investigations may have to be conducted in Europe, the Caribbean and the Far East to assess Hill's financial affairs.
A number of materials and documents found at Hill's premises last Thursday showed more than US$4.6 billion lodged in various countries, in the name of Galina Trust Limited, which is registered in the Turks and Caicos. These funds, said Green, will have to be confirmed.
"I urge restraint regarding what appears to be vast sums of money as it will take time to confirm their existence," Green said.
"Additional documentation has been assessed and these indicate that other significant sums and bank accounts may exist and are believed to be held in the British Virgin Islands, UK (United Kingdom), Spain, Kuwait and China," he added.
Documents found at Hill's Norbrook, St Andrew, home also indicate that a loan of US$1 billion had been secured, last January, on at least US$2.5 billion held in five accounts in Germany.
Green said the case was developing into a complex and lengthy investigation that may take some time to conclude.
The police also found some 186 companies either directly linked to Cash Plus or which may be affiliated with Hill himself.
TIMETABLE
2002: Cash Plus Ltd, led by Carlos Hill, started operations in Jamaica.
May 2007: Purchased the Hilton Kingston hotel.
July 2007: Acquired Drax Hall Estates, St Ann.
September 2007: Became sponsors of the National Premier League football. The Financial Services Commission (FSC) issued cease-and-desist orders on Cash Plus, its CEO, Carlos Hill, and Kahlil Harris.
February 2008: Cash Plus announced plans to resume payments of monthly returns by March 31, but indicated that this was contingent on FSC approval.
March 2008: Cash Plus says it is unable to resume payments on March 31 and gave an April 14 date for resumption; court appointed receiver/manager.
April 9: Court-appointed receiver/manager announces that Cash Plus is broke.
April 10: Carlos Hill arrested.
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http://www.msnbc.msn.com/id/24191014/

