Wellington Scoop

Ross investors angry and frustrated about appeal against 10-year sentence for fraud

Media release from RAM Investors Group
The appeal for Wellington fraudster David Ross against his ten-year jail sentence will be held at the High Court in Molesworth Street today at 10am (moved from the Court of Appeal because of technical difficulties).

The RAM Investors Group has had a lot of emails expressing all sorts of emotions:

** anger that the victims can’t counter appeal for a longer sentence for Ross

** that Bernard Madoff’s 150 years feels more in line with the stress, loss of enjoyment of life and despair Ross has created

** anger at his lawyer having the cheek to appeal

** frustration from those now forced to work instead of retiring, and some asking if Ross would like to contribute to their retirement

** wishing it all goes badly for Ross

** strong feelings from those who feel their health and happiness have been ruined by Ross

** frustration that Ross in many ways seems to get better treatment than his victims

Cruelly the victims cannot be a party to this appeal. The FMA and SFO have been asked to help.

November 15: Ten years’ jail for David Ross after $115m lost in Ponzi scheme