KINGSTON, Jamaica (AP) -- A Jamaican financier convicted of running a Ponzi scheme that bilked $220 million from thousands of investors across the Caribbean and central Florida has been released from prison in the Turks & Caicos Islands.
Amy Filjones is a spokeswoman for the U.S. Attorney's Office in the Middle District of Florida. She said Friday that the U.S. is "actively seeking to extradite" Smith from the British territory to serve out his 30-year federal sentence.
In March 2011, Smith agreed to waive extradition when he pleaded guilty to 23 counts of fraud and conspiracy in U.S. federal court.
He was sentenced in September 2010 to 6 ? years in Turks & Caicos. Florida prosecutors said he could serve the sentences concurrently.
Smith ran his Ponzi scheme through an investment group called Olint.