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Gold Coast's infamous crooks

WORDS: ANDREW POTTS & KATHLEEN SKENE 

The Gold Coast has long had a reputation as a sunny place for shady people.

But what is it about the city that seems to attract those with bad intentions?

Bond University criminologist Terry Goldsworthy said the Gold Coast’s attraction for white collar characters was “like moths to a bright light”.

CRIMINOLOGIST TERRY GOLDSWORTHY

“”

If you’re a fraudster or someone who relies on defrauding other people to fund your lifestyle, this is probably a place that appeals to you.There is a large pool of victims here.

The poster child for corporate excess and misdeeds, Christopher Skase was the king of the Gold Coast in the 1980s.

He was known for his cash splashes, $6m superyacht, giant parties and eyebrow-raising decision-making.

It included sending his private corporate jet from Port Douglas to Melbourne to pick up a dress for his wife, Pixie.

By the late-1980s Skase's empire was worth $2.2bn and he was well-established on the Gold Coast. The former high-flyer went bankrupt in 1991 and escaped to Spain, leaving $700m in debts.

Dr Roger Munro was investigated over an alleged Ponzi scheme that left investors $60 million out of pocket and in 2016 was banned by the Supreme Court from working as a financial Adviser.

ASIC’s investigation found Dr Munro did not invest these funds into TradeStation as promised, instead spending them on himself.

Read the full list of  Gold Coast'sinfamous crooks

Original URL: https://www.goldcoastbulletin.com.au/web-stories/free/gold-coast-bulletin/stories-behind-gold-coasts-infamous-crooks