KINGSTON, Jamaica — Multiple charges have been laid against three former directors of the collapsed Stocks and Securities Limited (SSL).

The three are SSL founder Hugh Croskery, his daughter Sarah Meany and Zachary Harding who served as director between 2019 and 2022.

All three have been charged with offences including fraudulently inducing persons to invest money, a breach of section 28 of the Larceny Act; failure to register company carrying on business in Jamaica (Companies Act, section 363); carrying on securities business without dealer’s licence (Securities Act, section 7); failure to apply to the commission to be registered for securities issued (Securities Act, section 26); and breach of section 22A of the Banking Services Act.

Croskery was granted bail in the amount of $1 million and is expected to appear in court on January 26, 2026. He is being represented by King’s Counsel Peter Champagnie and attorney-at-law Samoi Campbell.

Champagnie has indicated that his client continues to deny any wrongdoing and has cooperated fully with the authorities throughout the investigation. He urged the public to allow the legal process to unfold without jumping to conclusions, noting that the matter will be determined by the courts.

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