Ross family paintings sold for $199k, receiver runs the ruler over properties, share portfolio

Thu, 04 Jul 2013

July 5 (BusinessDesk) - The receiver for accused Ponzi scheme operator David Ross sold about $199,000 of family paintings and is looking at the family-owned properties as he tries to unravel the affairs of Ross Asset Management. PwC’s John Fisk and Duncan Bridgman have been appointed to preserve the assets of the Ross family and related trusts as part of the wider investigation into Ross Asset Management, and are trying to work out whether investor money from the fund manager was used to pay for any of the family’s properties, according to th...

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