Interest.co.nz: Ross Asset Management investor, with six-figure life savings invested …

An un-named investor in Ross Asset Management spoke on Radio New Zealand this morning about the company’s principal David Ross, the documents he presented which the investor’s accountant reckoned tallied up, and how plausible Ross appeared to be.

She spoke of her shock at the news that Ross’ activities appear to have been a Ponzi scheme, of double digit returns (although not in the last few years), and of how everything appeared to stack up.

Read the Story …

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  2. Interest.co.nz: Ross Asset Management receivers confirm investors’ fears
  3. NZ Herald: Ponzi scheme claim for $450m Ross Asset funds
  4. Stuff: Serious Fraud Office investigating Ross Asset Management