If you have read the press over the last month, you’ll likely be familiar with scandal surrounding The Edge betting syndicate, what is rumoured to be one of Australia’s largest Ponzi schemes.
Daily Telegraph coverage
You would be forgiven for thinking only the stupid or greedy have invested, but this is really a story about how our familiarity and trust in friends can override our ability to assess risk.
An adviser with first hand experience of the syndicate and shared their
