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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

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

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Last ponzi scheme judgment: interest on fictitious profits
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