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Law
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Victims of gold ponzi scheme PTT to receive payout

The FMA began investigating the scheme in mid-2015.

Victims of a gold trading scheme will likely get back about 59 cents in the dollar after the court approved the distribution of more than $1.6 million, while a fraudster linked to the scheme has also been sentenced for his crimes.

The return to investors defrauded by the scheme comes more than

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Hamish McNicol Tue, 22 Dec 2020
Contact the Writer: Hmcnicol@nbr.co.nz
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Victims of gold ponzi scheme PTT to receive payout
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