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Fraud Squad takes over car probe

The financial scrutiny surrounding Executive Rentals Incorporated is now in the hands of the Fraud Squad of the Royal Barbados Police Force.

Station Sergeant in charge of the squad, Mark White, told Barbados TODAY this afternoon the department had now received official complaints from Globe Finance and Nassco Limited regarding motor vehicles which they wanted to repossess, but could not locate.

He also said the squad was being asked to investigate reports related to loans for vehicles that did not exist.

White said while the probe into the Worthing, Christ Church company had already started, it was only at a preliminary stage and he could not yet say what direction the investigation would take.

The office of Executive Rentals on Worthing has effectively been closed.

The office of Executive Rentals on Worthing has effectively been closed.

Efforts to reach top management officials at the affected companies – Ron Davis of Globe Finance and Roger Hill of Nassco – were unsuccessful up to news time.

More than 100 vehicles have so far been taken from Executive Rentals by Globe Finance and Simpson Finance.

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5 Responses to Fraud Squad takes over car probe

  1. Muhammad Hasan
    Muhammad Hasan September 16, 2014 at 12:39 am

    Lets see how this goes…

  2. Bobby Brown
    Bobby Brown September 16, 2014 at 10:34 am

    I have said this years ago that ANY car from ANYBODY even new loans officers should get up and go and see the vehicle for theirself and not rely on paperwork

  3. Matie Siew
    Matie Siew September 16, 2014 at 12:17 pm

    the ppl in these financial instituation to darn lazy to go out in the sun and check god knows who else …

  4. Matie Siew
    Matie Siew September 16, 2014 at 12:17 pm
  5. jr smith September 17, 2014 at 4:08 am

    IS certain people going to be arrested, not allowed to leave the island, or they cant be touch because they know some one who is high up in government or the police.
    You can smell the stench of corruption, coming off this investigation already. It will just fizzle out, like many other so call cases.


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