04/06/2014 BBC Channel Islands News

over on the BBC New3 Chafnel. But now on

thousands in a fraudulent property schema will not receive govdrnment

compensation. Three financi`l advisers and a former judge were

jailed for tricking 57 investors into purchasing the parties in

Florida. `` properties. An independent review suggested that

the financial regulator could have intervened earlier. These mdn were

jailed in 2012 Ford defraudhng copper T investors out of htndreds

of thousands. `` property investors. It seems that the victims whll stay

out of pocket after the States voted against paying compensation of 0

thousand pounds each. Have we got a result? Yes and no,

financially we have not, and that was the object of the proposition.

Some of the investors were listening to the debate. Allen lost ?40,0 0

even though he thought he w`s getting sound financial advhce. You

trust these people, they ard regulated. It is not as if they are

not regulated by the financhal services commission, they are.

But an independent report commissioned by the States revealed

that had the financial servhces commission made their consent

obligate a year before they did `` their concerns public, many would

not have invested. If action had been taken at

the 25 staff were yesterday told they will be out of a job. We have

put together a redundancy stpport package that we think will cover

everything they need. And you will not close for another eight months,

so they have 20 of time to find alternative employment. `` plenty.

It is a sad day, like a bereavement, I suppose, we `re very

aware of that. It may be business as usual today

but the countdown to closurd will now begin.

Meanwhile, islanders are dohng more online shopping than ever bdfore. A

survey of Neil `` 700 peopld showed that each household spent ?7,00

online last year. Yesterday we told you about a young fisherman's

apprentice scheme that got just two applicants. Today we hear from

someone who has quit the industry after a decade at sea. Severe storms

left many out of pocket and support from the States has been slow in

materialising. We met one m`n who needed to find a new career to pay

the bills. He has not done this for long but is

grateful for the job. A fisher man by trade, then has had to fhnd other

work to pay the bills. Therd were not enough days we could get out at

siege in January and February. It left us with a lot of damagd and

gear which we were not even able to retrieve.

Ben has found it tough. I ddcided I had to find something more steady to

keep myself going and pay the mortgage. The government have

promised to help Island fisherman after a disastrous winter btt many

are still waiting. None of it has filtered through

which is why some of the guxs are struggling. But I do know that some

officials are working within the States to make sure it happdns in

the near future. He hopes one day to return to fishing. For now, life

online. `` on land. Panoram` follows. I am back at 630 AL

tomorrow. I leave you with the weather forecast.

After the cold wind and showers today tomorrow is warmer. Wd should

get some sunshine as well. Puite a nice day. Fine and dry. Still some

showers tonight. They will eventually fade away. Clear skies.

Low temperatures. Single figure temperatures. Tomorrow, much

brighter. Sunny spells. Increasing cloud will make the sunshind hazy.

It's looking like pretty good temperatures, 17 or 18. Even warmer

by Friday. 20 to the top. Thereafter, heavy showers. Good

night. couple of days. You may have just

heard the mention of the risk of storms at the weekend in regional

forecasts. That depends on how this cloud in the Atlantic interacts