Search Results | Showing 51 - 60 of 66 results for "Ponzi" |
| | Not to rain on the fintech parade but financial advisers and investors in Australia must stay alert against Ponzi schemes posing as P2P platforms. In a paper released by the SWIFT Institute titled "Quo Vadis? A comparison of the fintech revolution in ... |
| | | ... according to its website. OffShoreAlert found, it said, "funds that are blatantly fraudulent, including a current $130 million Ponzi scheme in Cayman... [As well as] funds that simply disappear or fail in dubious circumstances, including the A£400 million ... |
| | | Barry John Patrick, a 71-year-old man from Victoria, has been charged for illegally obtaining more than $1 million from self-managed super fund (SMSF) investors to fund property development. Patrick obtained the money from 14 investors between 2007 ... |
| | | ... states. "Australians are being targeted for mass marketed fraud, including 'boiler-room' or cold-call investment fraud and Ponzi schemes, with organised crime also seeking to exploit and manipulate the legitimate securities and share market for criminal ... |
| | | ... ASIC said. The situation relates to the collapse of property investment brand Westpoint Corporation, which was running a Ponzi scheme that collapsed in January 2006. Around 3,500 investors invested a total of $304 million across seven mezzanine funds. ... |
| | | ... described as the "mastermind" behind more than a dozen unregistered offshore managed investment funds, including a $30 million Ponzi scheme, was yesterday ordered to pay $500, 000. Along with his wife Jacqueline Hobbs and 12 other people, he operated ... |
| | | ... judgment in the long-running case against New Zealand businessman David Hobbs, who stands accused of heading a US$42 million Ponzi scheme. ASIC first took action against the unlicensed operators of 14 unregistered offshore managed investment funds operating ... |
| | | Brian Wood and Jimmy Truong have pleaded guilty in the Downing Centre Local Court, in Sydney, to operating a Ponzi scheme called the Integrity Plus Fund. According to ASIC, between December 2004 and December 2007 the Integrity Plus scheme raised in ... |
| | | ... Investments Commission (ASIC), which alleges the two parties breached their duties under the Corporations Act. Westpoint was a Ponzi scheme where investor funds where used to pay their interest. Around 3,500 investors invested a total of $304 million ... |
| | | Failed Ponzi-scheme Chartwell Enterprises director, Graeme Hoy, sentenced to 13 years and nine months imprisonment after pleading guilty to 44 deception charges totalling almost $22 million. Hoy originally faced 148 counts of obtaining a financial advantage ... |
|