The Chonkerton

'Sick to the stomach': Investor swindled into buying $750,000 of corporate bonds that never existed

business

A wealth management company in Australia has had its license cancelled after selling investors bonds that didn't exist, according to ABC News. Everyday Australians invested their retirement savings and inheritances through the company—one investor alone lost seven hundred fifty thousand dollars. Many now fear they've lost everything to the fraud.

Source: https://www.abc.net.au/news/2026-07-29/capital-guard-bond...

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