Ross Asset liquidators to chase 10 investors for funds

Tue, 16 Jan 2018

By Paul McBeth Jan. 17 (BusinessDesk) - The liquidators for Ross Asset Management have filed legal proceedings against 10 former investors as it gets closer to paying jilted investors in the country's biggest ever Ponzi scheme. In their latest report on the Ross group, PwC's John Fisk and David Bridgman said 158 investors in the scheme have settled with the liquidators, totalling $17.5 million, and leaving 43 outstanding claims. Of those outstanding, the report says the liquidators have filed proceedings against 10 former investors and a...

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