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Court documents have revealed how former Melbourne adviser, Terence Nugara, was able to steal $10 million from his clients by promising returns as high as 98 per cent from bogus property developments.
A couple nearly snared in Nugara’s web described receiving his “slick” real estate pitch in a lavish boardroom, with the Brighton conman learning his fate on Thursday.
A financial planner who lived a lavish lifestyle filled with luxury cars, Dom Perignon, yachts and helicopters has been jailed for 10 years after swindling his clients out of $10million in fake investments.
A financial planner who swindled clients out of $10 million in fake investments lulled one client into a se...
Terence Rienzo Nugara plead guilty in the County Court to 37 charges of obtaining a financial advantage by deception and two of theft.