FX Ponzi Scheme Defrauded $180m, Director Faces 10 Years in Jail
Mar 25, 2023
507
0
The scheme operated for almost seven years, starting in 2010.
The former director of a fraudulent company faces five criminal charges
The Australian Securities and Exchange Commission (ASIC) informed on Tuesday that the preparator of the $180 million foreign exchange (FX) Ponzi scheme pleaded guilty at the Downing Centre Local Court. Tony Iervasi, a former Courtenay House Director, faces up to 10 years imprisonment and a fine of $810,000.
Our websites use cookies to offer you a better browsing experience by enabling, optimising, and analysing site operations, as well as to provide personalised ad content and allow you to connect to social media. By choosing “Accept all” you consent to the use of cookies and the related processing of personal data. Please view our privacy policy.
日本語
English
Comment (0)