Last ponzi scheme judgment: interest on fictitious profits
Capital Letter: Ponzi scheme investor ordered to pay interest on fictitious profits.
Thu, 07 Sep 2017
The tenacious but unsuccessful resistance of an investor in the Ross Asset Management (RAM) ponzi scheme to the liquidators' efforts to recover his fictitious profits of $454,047.62 has ended with a final judgment from the Supreme Court.
And, it will come as no surprise that it was not an
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).