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ASIC Targets Capital Guard Over Fraud | Sydney News
Published 1 week, 5 days ago
Description
ASIC is shutting down Capital Guard, a rogue investment firm accused of swindling $17 million from 80 investors by selling fake bonds and misusing funds — leaving retirees like a NSW couple devastated as their retirement savings vanish. The company’s license was revoked last week, its website is down, and it’s ignoring investors — while court hearings loom and ASIC digs deeper into the scandal.
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