The Editor, Sir:

This an open letter to the Financial Services Commission (FSC):

Your advertisement in The Sunday Gleaner 'Frequently Asked Questions on Unregistered Investment Schemes' was both timely and informative. However, there are questions that were not asked and, therefore, never answered.

Question #1: Why is it that persons who have invested funds with Cash Plus are unable to receive payments until Cash Plus is registered by the FSC? Everyone understands that Cash Plus should not accept new funds at this time, but why should the FSC rule that investors should not receive any payments, partial or otherwise? Is it that investors are being penalised for not taking the advice and warning of the FSC not to invest in entities such as Cash Plus?

investors suffering

Question # 2: If Cash Plus, for whatever reason, does not register with the FSC, or this exercise takes months or years to accom-plish, what happens to the funds invested with that entity? Will Cash Plus still not be allowed to make any payouts on existing accounts?

"While Nero fiddled, Rome burned", and this is what is happening to Cash Plus investors. While Cash Plus, NCB and the FSC fight this ongoing battle, investors are left holding an empty bag and suffering. Some are so stressed their lives are going to waste. Is there no compassion in all of this?

These are questions that investors find very worrying and to which we want answers.

Over to you FSC.

I am, etc.,

JOY CLARKE

Kingston 10