Solomon Island: pyramid fraud shuts cb and banks

The Solomon Islands has shut major banks including the central bank after threats were made by the organisers of a failed pyramid investment scheme to blow up the banks.

Source: Sydney Morning Herald

Australia has urged the Solomon Islands to "get its house in order" after its financial system was shut down yesterday, and staff from Australian banks there were recalled home, amid growing civil unrest over a failed pyramid investment scheme.

The latest crisis to hit a country regarded as the arch