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Showing 61 - 64 of 64 results for "Ponzi"

Select looks to sign on six dealer groups

RUTH LIEW  |  MONDAY, 22 MAR 2010
... statement, the Select CPS has been in development since March last year. The increasing awareness among advisers burnt by ponzi scheme Astarra's collapse, along with the losses from hedge fund investments and too much exposure to equities, have helped ...

Ponzi scheme operator admits guilt

ASIC RELEASE  |  WEDNESDAY, 3 MAR 2010
Ponzi scheme operator Hazel Bernice Bucello yesterday pleaded guilty to six counts of deception which cost investors over $2.5 million, following an investigation by ASIC. Bucello was the sole director of loan and mortgage broking business Victorian ...

Prescriptive regulation is not the answer: Tanner

MICHAEL HOBBS  |  TUESDAY, 14 JUL 2009
... want to emphasise that global co-ordination of regulatory reform is crucial - if we want to avoid the bubbles and excessive Ponzi schemes, the financial regulators have to be on the same page around the world," he said. Following Tanner's speech, Peter ...

ASIC winds up managed investment scheme

... investors even mortgaging their homes to invest in the scheme. ASIC states this is typical how many people become involved in 'Ponzi' schemes. Mercorella has consented to ASIC's orders banning him from no longer promoting or operating the managed investment ...
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