Ned Kelly Eat Your Heart Out

Smiling Financial Assassins Chartwell, based in Geelong took money from investors for two years without investing it.

In essence, the monies coming in were used to pay trading costs, to return monies to investors, to take some monies out for the directors, and payments to some significant consultants.

Investors were seduced with promises of returns of up to 70 percent. Some were even hired to develop further business. So much of Australias much vaunted financial regulation.

Talk about the wild west. The receiver said that the funds invested of up to $500 million from Ma and Pa investors were as good as gone. One of the owners was on the radio today saying that his model was great and just needed a few bugs fixed. Imagine running a business where you apply for as much credit as you can get and then spend it. Not very sustainable.

Sad. If it looks too good, it probably is.

Hypnoheister on the loose in Italy.

A hypnotising thief is making off with large amounts of dough by hypnotising shop clerks and bank tellers and raiding the till. Either this is a massive con or this guy is pretty clever.

Police in Italy have issued footage of a man who is suspected of hypnotising supermarket checkout staff to hand over money from their cash registers.

In every case, the last thing staff reportedly remember is the thief leaning over and saying: “Look into my eyes”, before finding the till empty.

Now nice reader, follow this watch and click on all my advertising widgets and come back tomorrow and the next day and do the same........

Thanks BogBrush