Mailbox: Ponzi scheme questions
Alec Hogg responds to an email, which questions how ponzi schemers manage to get their hands on the money.
Alec Hogg responds to an email, which questions how ponzi schemers manage to get their hands on the money.
Something remarkable happened yesterday when alleged Ponzi Kingpins Cobus Kellermann and David Cosgrove made me an offer I couldn’t refuse. For only the second time in 35 years in this business, I was invited to fire any question I like at them.
Biznews community member recounts his personal experience as a DeVere Group investor: “99% of the value of my investment has been lost in dodgy investments”
The Belvedere Ponzi scheme grabbed Alec’s attention yesterday – but in an unimaginable way. Biznews.com became the subject of a cyber attack that made it virtually impossible to get into the back end.
My bet is Kellermann’s on his way to Mauritius where his business partner and the scam’s other kingpin, David Cosgrove, operated the Belvedere Ponzi scheme.
In this piece, Franscois van Gijsen walks us through the tax free investment incentive, exactly why Government are being so generous, the stipulations involved, how they can be applied by the average investor, and where the loopholes aren’t.
Ian Anderson focuses on the challenge of pursuing retirement income that is inflation-hedged both before and during retirement, setting forth the theory that supports the solution in this thorough article.
Craig Martin raises issues that may be considered blasphemy to advocates of modern portfolio theory, who believe in the benefits of a diversified portfolio.
Top analyst, and a financial services entrepreneur, Steven Nathan explains why investment advice often benefits advisers, not clients.
There is a wealth of debate in the markets when it comes to the opinions regarding active versus passive investment. In this interview with industry expert Candice Paine, we explore details around the costs and returns of different investing strategies and where exactly we should be putting our money in a market that is currently … Read more