David Ross tells Parole Board he has nothing more squirrelled away

Tue, 17 Dec 2019

Convicted fraudster David Ross told the Parole Board he has nothing more to offer investors having paid about $2 million in reparations to the victims of New Zealand’s biggest fraud.The Ponzi scheme operator had previously been denied parole on his 10-year, 10-month jail term in part because of his lack of candour with the board, claiming it was to protect his legal rights in the event of a civil prosecution. At the time, the board said that was incongruent with expressing remorse, and ultimately found his answers evasive and self-serving.Ross...

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