Liquidators freeze Hansa director's assets as new Ponzi scheme alleged

Fri, 27 Jan 2017

By Jonathan Underhill Jan. 27 (BusinessDesk) - The liquidators of investment management company Hansa say they have frozen the assets of director Paul Hibbs after initial investigations showed it appeared to have been run as a Ponzi scheme. The Financial Markets Authority and the Serious Fraud Office launched an investigation into Hibbs and Hansa in July last year but haven't commented on their findings. Hansa was placed in liquidation last November. In their first report, liquidators Steve Khov and Damien Grant of Waterstone Insolvenc...

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