United Sates Agents To Seize Close To $100 Million Jamaican Dollars Held In Jamaica By Pamela Watson An Imprisoned Accountant

United States (US) Internal Revenue Service (IRS) are expected in Jamaica in the coming days to take possession of J$100 million, or close to US$1.7 million, which Jamaican authorities have traced to Jamaica-born accountant Pamela Watson.

Watson is serving a prison sentence in the US on fraud charges.

Robin Sykes, chief technical director of the Financial Investigations Division (FID) of the Ministry of Finance, declined yesterday to elaborate on the planned handover "before it is all tied up with the Americans", explaining that he did not want to frustrate the process.

However, according to local law-enforcement sources, FID investigators discovered approximately US$535,000, or approximately J$6.4 million, in an account linked to Watson at one licensed financial institution and J$46 million at a second financial institution.

"They  have traced and restrained J$107 million. The money has been handed over to the State and they are working with the IRS to have the cheques handed over shortly," one source revealed.

Cheques, amounting to US$535,000, are already prepared and they are waiting on the other company to liquidate some assets in her  name.

Law-enforcement sources also believe that Watson made a significant investment in a popular local entity and revealed that further investigations are being conducted.

Watson, who has been described as a very popular activist in the Jamaican community in South Florida, was given a 78-month prison sentence last December after pleading guilty three months earlier to operating a tax-refund scheme that defrauded clients - mainly Jamaicans she claimed she was helping - and the US government of US$3.6 million.

US District Judge James Cohn also ordered her to pay restitution in the same amount.

During sentencing, it was revealed that she made restitution totalling US$1.2 million to the IRS in the seven months she was in custody awaiting trial.

She admitted in court that she falsified hundreds of tax returns and refund amounts on IRS forms without her clients' knowledge.

The court also heard evidence that she diverted money to her own accounts and accounts belonging to her spouse.

The FID boss disclosed that Watson was the subject of a proceeds-of-crime probe being conducted by his agency.

He also acknowledged that the J$107 million linked to Watson was under restraint by local authorities, but indicated that it was removed in light of a parallel investigation by US authorities.

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WHO (World Health Organization) Said That Sexual Transmission Of Zika Is More Common Than Thought

The World Health Organization says reports from several countries suggest that sexual transmission of the Zika virus is more common than previously thought.

After a meeting of its emergency committee today, the UN health agency also said there is increasing evidence that a spike in disturbing birth defects is caused by Zika, which is mostly spread by mosquito bites.

Director General Dr Margaret Chan said "reports and investigations in several countries strongly suggest that sexual transmission of the virus is more common than previously assumed."

The agency last month said the outbreak in the Americas constitutes a global emergency.

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What Cause The Drop In Oil Prices

The drop in oil price is cause by the old business science, when supply is more than demand the price of any commodity falls. Countries who's economy is solely dependable on oil is feeling the hardship of the fall in oil price.



Venezuela ,Nigeria and Russia needs a barrel of oil to be sold for more that $115 so that they can balance there economy and prevent them from entering into a rescission. What cause the over supply of oil on the market is simple.

In mid 2000,s oil price  was moving like the wind, the price of oil went past the $100 dollar mark. That push countries like North American and Canada to look for more oil in places like North Dakota which they have found a sea of oil which can last for many years to come.



More fuel efficient cars or now built that can give you up to 30 miles to the gallon, electricity companies have now build more fuel efficient gas turbines to produce cheaper and cleaner electricity.



More countries have also venture in alternative energy like solar, hydro electricity and windmills, with all these new inventions and findings the demand for oil as becomes way less and that's the main cost for the reduction in price.

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How to Make Money Online In 2015

2014 was a very interesting year because i learnt a lot and i only hope that i can use this knowledge that i gather in 2014 to make some more money in 2015. The way to make money online is marketing, if you bake the best cake in the world and nobody knows about it you are not going to make any money. But if you get your priorities right and do the right marketing then you will be smiling on your way to the bank.

The internet is the mostly used media service you have in the world, using the internet correctly you can reach millions of people daily. It is more widely used than television or radio, if you are advertising goods or services you have to find where most of the people are and then you present your product.

https://www.facebook.com/JamtechNews

One of the easiest and cheapest way to advertise online is thru social network, Facebook is the most popular social network on the planet. When using social networks you have to create a community with people who are interesting in your product or services.

One other way to advertise online is using mailing list, if you go to amazon and make a purchase they collect all you information including your email address they them capture your shopping interests and then send you emails about goods and services. 

One other way that i use to advertise my goods and service online is online classified site, the most popular classified site is craigslist. I have gotten a lot of responses hear and i have made a few dollars, what i do is search for the most popular classified sites and advertise.

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