115 – Melissa Caddick & Ponzi Schemes: Lessons for Investors & Business Owners
March 23, 2023
The Melissa Caddick Ponzi scheme rocked the investment world when it came to light a couple of years ago. Unfortunately, this kind of fraudulent behaviour is nothing new or unusual and we all need to guard against it.
Our special guest, Bruce Gleeson (Jones Partners), is the liquidator for Melissa Caddick and has been very busy working on this case. Bruce shares some advice to help investors protect themselves from Ponzi schemes. He also explores how business owners can use this information to assess new clients, customers, suppliers or business partners and (hopefully) stay clear of fraudulent activity.
Bruce Gleeson is a Director and Owner in Jones Partners, a firm that provides tailored solutions to companies (particularly small to medium enterprises) and individuals in financial difficulty or that require restructuring assistance, exit planning advice or general strategic advice.
He has in excess of twenty five years in corporate insolvency, restructuring, exit planning and bankruptcy experience. Bruce has also held roles in commerce with several Top 100 Companies (James Hardie and AMP) to further add to his professional skills in areas such as compliance and project management.
Bruce is a Registered Liquidator, Registered Trustee in Bankruptcy and a Justice of the Peace (NSW).
https://www.jonespartners.net.au/
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