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 moreTag: 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 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 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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