Steven Robertson allegedly took $10 million from investors in his share and gold trading companies, but instead he spent the money on himself and his business expenses. When investors started to chase Robertson for their money he told them to keep waiting, or that he needed more money, Finn said. SIMON MAUDE/STUFF A businessman who allegedly defrauded nearly 22 investors out of millions in a share and gold trading scheme is on trial on 47 charges related to theft and deceptions. Robertson also offered many investors shares in four companies he owned, including PTT, however, the investors were never named as shareholders in Companies Office records, Finn said. He said the trial was not a "popularity contest between the aggrieved investors and Mr Robertson."

Source: Stuff May 20, 2019 06:22 UTC