Thursday, 18 May 2017

Victim of million-dollar theft warns others - don't be as stupid as me

A victim of million-dollar fraudster Ian Ludwig says she feels stupid to have handed over nearly half a million dollars for what she thought were genuine investments. 

The woman, aged in her 60s, is so embarrassed she has asked not to be named. 

She is one of seven victims who collectively lost more than $1.3 million to Auckland man Ian Ludwig, who on Thursday was jailed for four years and nine months after pleading guilty to charges of theft by person in a special relationship. 

The former businessman convinced his victims that the money they gave him was an investment in his clients at his franchisee business New Zealand Home Loans. 

from
http://www.stuff.co.nz/business/money/92712777/Victim-of-million-dollar-theft-warns-others-don-t-be-as-stupid-as-me

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