Jail for promoter promising high returns to pensioners
The Gold Coast promoter of a so-called investment scheme involving cold-calling victims with the promise of returns up...
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The Gold Coast promoter of a so-called investment scheme involving cold-calling victims with the promise of returns up...
A former Gold Coast property promoter who scammed investors, including pensioners, through a cold-calling scheme is jailed for more than eight years.
Many of his victims were pensioners, says ASIC
Pensioners were among those targeted by the scam, which saw some victims borrow against their homes to invest in Tasmanian property developments.
The man has pleaded guilty to one count of fraud and could face up to 12 years imprisonment. Following an investigation by ASIC, former Gold Coast investment scheme promoter Anthony Keith Silver has