Remember that amazing straddling bus that China took out for a test drive a few weeks ago? The world couldn’t get enough of the concept and design. The savings by building on top of existing
Read moreCategory: Ponzi Scheme
Liquidation order for six firms in $200m Pilbara ‘ponzi’ scheme
Six companies at the heart of an alleged $200 million Pilbara ponzi scheme have been put into provisional liquidation by the Federal Court. Justice Michael Barker this morning appointed KPMG’s Hayden White and Matthew Woods
Read moreProvisional liquidator appointed to Macro Group companies
The Australian Securities and Investments Commission (ASIC) announced it has applied to the Federal Court of Australia for the appointment of a provisional liquidator to six companies within the Macro Group, all of which have
Read moreMore details emerge of Pilbara property developer’s $190m ‘Ponzi scheme’
A Pilbara property developer accused of running what might be a $190 million Ponzi scheme plans to charge investors about $180 to attend a Perth function updating them on the business. Veronica Macpherson has invited
Read moreFraud Warning
ATTENTION: all ITRA clients’ current, pending and potential. Please be aware that ITRA has discovered a fraudulent operator in the north of England claiming to be an ITRA agent. This scammer seems to have illegally
Read moreChinese officials arrest 21 people over $7.6bn ‘scam’
Chinese authorities have arrested 21 people involved in an online finance scheme which is suspected of defrauding 900,000 investors of about 50bn yuan ($7.6bn; £5.3bn). The 21 people worked for Ezubao, a peer-to-peer lender widely
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