Brian Gaynor Ponzi scheme fallout still being untangled

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

Related posts:

  1. Dominion Post – Decisions put Ross claims in doubt
  2. One News: Ross Asset suffered ‘vacuum of management’
  3. NBR: Ross collected $30m in fees, giant ponzi scheme suspected
  4. Dominion Post – Commissioner told of Ponzi scheme concerns
  5. NZ Herald: Ponzi scheme claim for $450m Ross Asset funds