UTC Safe – 2002 fraudster detected and prosecuted
The Trinidad and Tobago Unit Trust Corporation (UTC) notes the headline in the Trinidad Guardian of Thursday April 23, 2009 which reads: “$2.3 Million Fraud at Unit Trust”. In response to said article, the UTC releases the following official statement:
“The Trinidad Guardian of April 23, 2009 contains a front page headline which highlights a 2002 crime committed against the Trinidad and Tobago Unit Trust Corporation (UTC). As this is a current legal matter, UTC is prohibited from commenting on the facts of the case. However, it is critical for customers to note that, in the seven (7) years since this incident, the Unit Trust Corporation has substantially improved its controls and measures to protect our customers’ investments. For security reasons, the details of these controls and measures cannot be publicly disclosed. Read More


















