A woman accused of running an alleged Ponzi scheme in Western Australia's Pilbara region is poised to make a fresh start in business, vowing she has done nothing wrong.Investigations into her Macro Group business dealings are continuingMost of the investors who contributed more than $120 million to Veronica Macpherson's Macro Group of companies are likely to never see their money again.
"It just has to be done because the accommodation there is still scarce and awful," she said in a statement. The ABC has heard stories of people forced to sell their family home, retirees having to return to work and people suffering serious mental and physical health problems resulting from the loss of their investment.
The myriad ways in which the Pilbara investment schemes were promoted and structured via more than 78 companies have left behind some clear winners and losers.
Our corporate laws are pathetic if she isn't in jail for a long time. She is a female Peter Foster.
Australia has a moral and ethical duty to send resources and soldiers to help the citizens of Myanmar. We invaded Iraq because of some oil and a rogue dictator, so we can definitely find the time and courage to help Myanmar!
Best line in this story: 'I feel ASIC were far too thorough' says the person who lost about $120 million of investors' money
Anyone who does business with her is a fool.
Wonder what shitty childhood she had
Rotten - no jail time?