Providenciales, 26 Jan 2015 – This morning, David Smith returns to court after a Friday night arrest at his home described as excruciatingly emotional. A provisional warrant was issued for his re-arrest on Friday as the United States tries to extradite Smith in connection to a sentence handed down in Orlando in 2009; a sentence of 30 years linked to a Ponzi scheme. Smith was since Friday night, held at the Chalk Sound Police Station after appearing in court that night and will this morning return to face Magistrate Clifton Warner as the former Olint owner plans to fight the extradition.
Smith was on Thursday released from Grand Turk prison; the US warrant had a technicality, saying that David Smith was to be given into US custody upon completion of parole; since Smith served his entire sentence at Her Majesty’s Prison and never received parole, the United States was unable to touch him.
