Economy

Ross Asset Management investors eye ANZ claim

09:25 am on 15 July 2019

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Investors in New Zealand's biggest ponzi scheme expect more to join their ranks in taking legal action against ANZ bank. 700 clients were defrauded of more than $115m they had invested in Ross Asset Management - only $10m has been recovered. Now 200 investors have signed up for action against ANZ, claiming it failed in its duties as a banker to Ross Asset Management. Kathryn speaks to the group's spokesperson, John Strahl.

David Ross. Photo: RNZ