Alleged SSL fraudster Jean-Ann Panton to appear in court on December 4

Jean-Ann Panton, the sole accused so far in relative to the multi-billion-dollar fraud at investment firm Stocks and Securities Limited (SSL), is to reappear in the Home Circuit Court in downtown Kingston on December 4.

A plea and case management hearing is expected to be held on that date.

Panton appeared in court on Friday, September 20, where she was further remanded in custody until December.

She is charged with numerous breaches of the Larceny Act, the Proceeds of Crime Act (POCA), the Forgery Act, and the Cyber Crimes Act.

The ex-SSL employee has been in custody since her arrest and charge in February of 2023.

Panton, who has more than 20 years of financial service experience, had reportedly confessed to taking money from clients’ accounts without their consent.

Sprint legend Usain Bolt is among the more than 200 investors who have been negatively impacted by the fraud.

The Financial Investigations Division (FID), which is one of the main agencies leading the probe into the fraud, has not laid charges against any other individuals in relation to the matter.

This is despite a statement from the FID last December, indicating that the probe has so far detected "potential criminal and regulatory breaches involving both the company itself and individuals associated with it," which are distinct from the ongoing court case related to Panton.