Firepower: The Most Spectacular Fraud in Australian History

Name: Firepower: The Most Spectacular Fraud in Australian History
Rating: 4 (1 reviews)

ISBN-10: 145871649X
ISBN-13: 9781458716491
Series: Firepower
Pages: 360
Language: English
Published: 2010-10-08
Publisher: ReadHowYouWant.com
Author: Gerard Ryle

Description

A magic pill that cuts fuel consumption and reduces emissions ...... that was the miracle promised by Tim Johnsto' s company, Firepower. Everyone believed him; prime ministers and presidents, doctors and diplomats, business leaders and sporting heroe - even ASIC the corporate watch do - went along with the myth. Millions of shares were sold to investors, and by 2007, Firepower had become the biggest sporting sponsor in the country. But it was all a sham. In this compelling account, Gerard Ryle demolishes the fairytale, exposing a wobbly financial pyramid and the greatest fraud ever committed in Australia. Tim Johnston divided his people into Oranges and Lemons. Those who did' t know him enough yet, he called Oranges. They thought he was nice and sweet and juicy. But those who really got to know him became Lemons: he left them bitter and twisted.