FSC ISSUES CEASE AND DESIST ORDERS
March 24, 2006
The Financial Services Commission (“FSC”),in accordance with section 68(1B) of the Securities
Act, issued cease and desist orders on Friday, March 24, 2006 to the following entities:
OLINT Corp. Limited
Overseas Locket International Corp.
LewFam Investments and Trading Limited
LewFam Investments Club
The decision to issue cease and desist orders was based on the conclusions of an investigation by
the FSC in the course of which evidence was obtained from search warrants executed on Friday,
March 3, 2006 at the offices of LewFam Investments and Trading Limited and OLINT Corp. Limited
and on Monday, March 6, 2006 at another office of OLINT Corp.Limited.
The information indicates that these entities, while they purport to be carrying out foreign currency
trading activities, are engaged in securities activities in breach of sections 7 and 8 of the Securities
Act. These sections prohibit the carrying on of a securities or investment advice business without
being licensed to do so by the FSC.
Failure to comply with these orders is an offence under section 68(7) of the Securities Act and is
punishable upon conviction by a fine or imprisonment or both.
The Commission is advising the public to refrain from investing with or through persons
who are not licensed or registered under the Securities Act.