Stuff: Ross wants to raise cash to pay legal bills

The founder of failed investment firm Ross Asset Management and his wife are seeking permission to sell chattels to help cover his legal bills and recoup household costs.

Lawyers for David Ross, sole director of the company feared to have run what could turn out to be New Zealand’s largest Ponzi scheme, were in the High Court at Wellington yesterday for the latest hearing on freezing orders over his assets and companies.

 

Read the Story …

 

Related posts:

  1. Stuff: Serious Fraud Office investigating Ross Asset Management
  2. NBR: FMA identifies Ross assets in UK, USA and Australia
  3. Stuff: Recovery of more Ross money unlikely
  4. NBR: Ross investors may be eligible for tax return refunds
  5. NBR: David Ross reveals compulsory treatment under Mental Health Act