Police warn of $9.5 million Ponzi scheme

By David Olsen · 7 September 2010 · Cashflow

Full details: Police warn of $9.5 million Ponzi scheme

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Summary

Western Australia Police and Consumer Protection are warning investors to stay away from ‘Ponzi’ schemes after police charged two people with allegedly scamming investors out of $9.5 million on the promise of high returns.

Tags: Fraud, Money, Police, Safety, Security, Western Australia