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

Mystery investor may oppose RAM liquidators’ distribution plan

Investor A put $7.8m into the Ponzi scheme and withdrew $2.2m, leaving a net contribution of $5.6m.

Victoria Young and Tim Hunter
Thu, 12 Apr 2018

Victims of David Ross’ ponzi scheme were informed today the liquidator for Ross Asset Management has made a plan to distribute funds but a mystery investor may oppose the application when it comes to court. 

About $100-115 million of investors’ funds were frittered away in New Zealand’s largest

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Victoria Young and Tim Hunter
Thu, 12 Apr 2018
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Mystery investor may oppose RAM liquidators’ distribution plan
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