TAMPA, Fla. The following statement is being issued by the United States Department of Justice:
Persons
who lost money from investments in companies operated by David A.
Smith, doing business as Overseas Locket International Corporation
("OLINT"), and related companies may be eligible to receive compensation
from the United States Government.
Smith claimed that the
companies were private investment clubs that purportedly traded in
foreign currency on investors' behalf. Smith made false and fraudulent
statements indicating that members could expect high returns on their
investment...