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Old 04-14-2011   #1 (permalink)
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Default Hotchin's gamble: Scheme promised 160pc interest

Hanover director Mark Hotchin invested $560,000 in a Ponzi scheme that promised a 160 per cent return over just two months.His ill-fated foray into what his lawyer described as "Looney Tunes Investments", is thought to have lost...

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