Shelly-Ann Thompson, Staff Reporter

From those who did it in order to pay bills, to others who invested to increase wealth, some Cash Plus Limited savers are feeling the impact of not receiving their monthly returns.

For couple Keisha and David Reid, they say life has returned to a 'hand-to-mouth' situation.

The couple was receiving $40,000 monthly, after investing $400,000 in the high-yield investment scheme.

Returns used for household expenses

The monthly returns, they say, were used to finance their house. Their daughter's preparatory school fees were also pulled from the returns. For this January term, the school fee had to be paid directly from their pockets.

"From Cash Plus no pay out, we a live 'hand to mouth'. It terrible and wicked," said Mr. Reid.

The couple had raised the $400,000 by using their family car as collateral for a loan from a financial institution.

Now the Reids are paying a $17,000 loan.

"I am not disappointed, just waiting to see how good this Government is," said Mr. Reid.

It is a similar situation for young professional Monique Bryan. Ms. Bryan took out a bank loan of $300,000. She invested $100,000 and used the balance to purchase a motor car.

She said her returns from Cash Plus were used to finance the loan, while her car payments came from her salary.

Now Ms. Bryan is stuck with both payments and no monthly Cash Plus returns.

shelly-ann.thompson@gleanerjm.com