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WCM777 investors claim $300M in Ponzi promises

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Following the opening of a WCM777 victim’s claim portal late last year, some 35,545 claims were filed for a whopping $386 million in losses. The problem? The Receiver to date has only recorded around $86 million of actual invested funds. Furthermore only $30 million has been recovered for redistribution. The problem facing the Receiver has [Continue reading...] Source: WCM777 investors claim $300M in Ponzi promises

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