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Broker in the big house over Ponzi plot

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Australian Broker | 26 Apr 2012, 06:30 AM Agree 0
A WA broker has been jailed for running a Ponzi scheme which bilked clients out of $1.2m
  • Patrick | 26 Apr 2012, 01:27 PM Agree 0
    What has this ti do with mortgage broking other than that funds may have been borrowed. The actions of this guy are that of an unlicenced investment manager and/or financial planner. A mortgage broker cannot and does not provide investmenmt advice or services.
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