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Further details in the Perth Ponzi scheme case of Chris Marco have been revealed.
The bankrupt Perth businessman was accused of defrauding more than $35 million from nine investors when he faced court in July.
Chris Marco was charged with 50 counts of fraud related to an alleged 16-year Ponzi scheme.
He is on bail on those charges relating to $36.5 million.
Rob Brauer, the lead investigator from liquidator McGrath Nicol, told Liam Bartlett on 6PR Mornings that it has taken a long time to figure out where investors stand on the amount of money.
The liquidator is waiting on the Federal court on how to distribute a pool of $15 million returned to investors.
See omnystudio.com/listener for privacy information.
By 6PRFurther details in the Perth Ponzi scheme case of Chris Marco have been revealed.
The bankrupt Perth businessman was accused of defrauding more than $35 million from nine investors when he faced court in July.
Chris Marco was charged with 50 counts of fraud related to an alleged 16-year Ponzi scheme.
He is on bail on those charges relating to $36.5 million.
Rob Brauer, the lead investigator from liquidator McGrath Nicol, told Liam Bartlett on 6PR Mornings that it has taken a long time to figure out where investors stand on the amount of money.
The liquidator is waiting on the Federal court on how to distribute a pool of $15 million returned to investors.
See omnystudio.com/listener for privacy information.

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