Alleged Perth ‘Ponzi scheme’ fraudster slapped with more charges

1 week ago 5

Alleged Perth ‘Ponzi scheme’ fraudster slapped with much charges

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Those aforesaid clients took their concerns to constabulary and Endersby was arrested and charged with 11 counts of fraud. Now, further constabulary investigations into Endersby’s concern dealings person led to him being charged with different 11 counts of gains payment by fraud.

Police present allege Endersby’s offending dates backmost to 2019.

Jack Endersby, right, has been arrested for fraud.

Four of his alleged victims are implicit 60 years old.

“It volition beryllium alleged the accused entered into respective contracts with varying victims nether the guise that helium would execute trades connected the Global Stock Exchange with their invested capital,” a constabulary spokesperson said.

“The victims were led to judge the investments were unafraid with anticipated returns of astir 3 per cent per month. Conditions were besides provided that concern accounts could beryllium terminated astatine immoderate time, with the closing relationship equilibrium deposited backmost to the capitalist wrong 5-10 days.

“The victims ne'er received immoderate funds from their concern and subsequently reported their concerns to constabulary via ReportCyber.”

Police present allege Endersby received much than $2.5 cardinal successful funds from 22 victims crossed Australia.

Endersby is owed successful tribunal connected Tuesday for a civilian matter, with a existent property cause alleging the 24-year-old owes thousands successful unpaid rent and spot damages.