Stuff – HAMISH RUTHERFORD November 10 2017
Liquidators of New Zealand’s largest ever ponzi scheme have laid out options to return a portion of money to investors, but already there are warnings of legal challenges. Read More
Stuff – HAMISH RUTHERFORD November 10 2017
Liquidators of New Zealand’s largest ever ponzi scheme have laid out options to return a portion of money to investors, but already there are warnings of legal challenges. Read More
Stuff – HAMISH RUTHERFORD September 1 2017
A Wellington lawyer ordered to repay money to the liquidators of a collapsed ponzi scheme will also face a hefty interest bill. Read More
STUFF – HAMISH RUTHERFORD August 14 2017
Almost five years after its collapse, liquidators of New Zealand’s largest ponzi scheme are making preparations to finally return some money to investors. Read More
Stuff HAMISH MCNICOL July 14 2017
The liquidators of Ross Asset Management are going after more than $21 million from 160 investors who withdrew money before the massive ponzi scheme’s collapse. Read More
NZ Herald 4 June 2017
Recent court decisions have repeatedly confirmed that David Ross ran a massive Ponzi scheme. The former principal of Ross Asset Management, who is serving a 10 year and 10 month jail sentence, has clearly established himself as one of the country’s most notorious white collar criminals along with Rod Petricevic, Jacqui Bradley, Stephen Versalko, Alex Swney and others.
Ross left a trail of destruction as investors suffered large losses and incurred substantial legal costs trying to recover their money.
The only winners from the Ross saga are the legal profession. There have been a large number of related court cases, with one of the most important decisions handed down recently by the Supreme Court. Read More
Dominion Post May 26 2017
The Supreme Court has upheld a compromise over what should happen to the funds that innocent investors in Ross Asset Management withdrew before the investment company’s collapse. Read More