An empire of imaginary metal

Rich List businessman Virendra Rastogi jailed for £350m fraud.

Only found out because a PwC auditor became suspicious when documents were all sent from the same fax machine. Maybe if auditors actually physically visited some of the "customers" they would have found out earlier, but then it is much easier to just check paper confirmations from clients and check the debits and credits add up - wouldn't want to do any real work.

Bron Suchecki

Goldchat.blogspot.com

Bron Suchecki has worked in the precious metals markets since 1994, when he joined the Perth Mint as an Administration Officer in their Sydney retail outlet. In 1998 he moved to Perth to work in the then fledgling Depository division. He has held a number of roles since then in the treasury, risk and governance areas of the Mint.
All posts are Bron's personal opinion and not endorsed by the Perth Mint in any way.