THE CHARMED LIFE OF AUSSIE FUND MANAGERS
News today for the South East Asian victims of the great LM financial fund Ponzi scam. This scam has ruined many people in Thailand who put their life savings, or had their Financial Advisers put their life savings into this fund believing it was as safe as an Australian Bank.
The boss, whose actions have ruined the lives of so many people, has now set up his own website, to defend himself. It can be found here
Peter Drake complains of being intimidated, in particular ‘by one fat Englishman’ and said he has been recording the calls of those who abuse him.
This appears to be a therapeutic exercise for people who now have to throw themselves at the mercy of social security departments around the western world.
Drake seems to describe everyone but himself as incompetent. (This may be true. In his case his actions sound deliberate) He also claims poverty, well maybe apart from that 18-year-old house in Fiji and the stuff he has put in other people’s names and trusts etc. He complains of press lies and distortions.
Amazingly – just like our Pattaya scammers he throws up his wife as a victim of these ‘haters’.
His arrogant defence also sounds a lot like the one put up by some financial advisers in Bangkok. Enjoy.