RAM staff knew 'all was not well' with Ross as far back as early 2012

Wed, 21 Oct 2015

By Suze Metherell Oct. 21 (BusinessDesk) - Ross Asset Management employees knew “all was not well” with fraudster David Ross six months before the Financial Markets Authority swooped on New Zealand’s largest known Ponzi scheme. Appearing in the High Court at Wellington before Justice Denis Clifford, Ross’s former employee Helena Lintern said she thought her boss was unwell in early 2012, around the time investors began frequently asking to get their money out. Under cross examination by Mike Colson, counsel for RAM's liquidators, Lint...

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