Investment cowboys
Kris Ridgway sold unlisted shares not approved by his prestigious firm. It was just the beginning of the unravelling of an elaborate scheme.
Exclusive
Kris Ridgway promised investors huge profits — and never paid a cent. This is his confession
The disgraced financial adviser tells of how he extracted hundreds of thousands of dollars from dozens of investors all while he made fat - and illegal - commissions that allowed his family to live the high life. Then he turned on them, too.
- by Adele Ferguson and Naomi Shivaraman
Exclusive
The email that brought a global investment scheme undone
Kris Ridgway sold unlisted shares to unsuspecting clients, hoping the companies would be listed. They weren’t. One of those clients and a former executive set in motion the events that would expose his wrongdoing.
- by Adele Ferguson and Naomi Shivaraman
‘Way too late’: ASIC hands investment cowboy life-time ban
The Sydney-based director’s ban comes after years of being on ASIC’s radar and an investigation by this masthead uncovering his involvement in April.
- by Millie Muroi
Editorial
ASIC’s glacial stand on enforcement makes it the watchdog nobody fears
The Australian Securities and Investments Commission has dropped the ball so frequently it is no longer fit for purpose.
- The Herald's View
Original URL: https://www.smh.com.au/link/follow-20170101-p5cvw5