SFO starts investigation into East Wind

The Serious Fraud Office has commenced a formal investigation into suspected Ponzi scheme East Wind Company Ltd and its affiliated entities.

Thursday, December 19th 2019, 3:16PM

The SFO has reasonable grounds to believe that an offence involving serious or complex fraud may have been committed.

Its director Tom Tanaka has since died.

He had claimed he could give investors 8% interest on their money.

Tags: ponzi serious fraud office

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