In a statement on its website, the JFSC said unspecified “matters” identified during the course of the investigation had “caused the commission to believe Corinthian was not fit and proper to be registered for the conduct of investment business”, and that the company subsequently was wound up and its customers transfered, in an “orderly” manner.
“Corinthian’s authorisation to conduct investment business under the law was then revoked,” the JFSC said in its statement.
A statement on the still-live website of Corinthian Holdings, www.corinthianholdings.com, says that Corinthian Financial Services Ltd, as the business was formerly called, “ceased trading on 30/04/2011”.
A person who answered the telephone number shown on the website confirmed the business had been closed down some time ago, and declined to comment further.
