Mystery investor may oppose RAM liquidators’ distribution plan
Investor A put $7.8m into the Ponzi scheme and withdrew $2.2m, leaving a net contribution of $5.6m.
Victims of David Ross’ ponzi scheme were informed today the liquidator for Ross Asset Management has made a plan to distribute funds but a mystery investor may oppose the application when it comes to court.
About $100-115 million of investors’ funds were frittered away in New Zealand’s largest
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
NZ Aviation News
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Aviation News - Monthly
NZ$14.95 / monthly
Already have an account? Login
Victoria Young and Tim Hunter
Thu, 12 Apr 2018
Thu, 12 Apr 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Mystery investor may oppose RAM liquidators’ distribution plan
74436