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Why did ASIC ignore complaints about $180m Ponzi scheme?

ASIC has been rapped for ignoring multiple tip-offs about the $180 million Courtenay House Ponzi scheme, waiting four years to take regulatory action. ....

Susan Barnett , Tony Iervasi , Melissa Caddick , David Sipina , Mayfair Group , Senate Economics Reference Committee , Ksr Group , Courtenay House , Athan Papoulias , City Pacific , Prime Trust ,