The Jamaica Financial Services Commission has warned that Delta Capital Partners Limited and Delta Capital Holdings Limited are not licensed to conduct securities or investment advice business in Jamaica in any capacity. Conducting either activity without a commission license is an offense punishable by imprisonment, a fine or both, and clients of unlicensed providers face a risk of significant financial loss. The companies are not authorized to acquire, sell, manage or underwrite securities for clients, arrange securities transactions or induce investors to enter such transactions. They also cannot issue promises to repay investor funds or enter financing arrangements intended to convert loans into equity. The commission urged investors to verify a provider’s licensing status before doing business and cautioned that funds placed with unlicensed entities could be lost.

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