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$43m Ponzi scheme exposed after businessman's death

Otago Daily Times Online News [Unofficial] April 14, 2026
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A rare picture of the late Masatomo Ashikaga, also known as Tom Tanaka, who ran his East Wind group as a $45 million Ponzi scheme. A former finance manager has been found guilty of multiple charges in relation to a collapsed $43 million Ponzi scheme which fleeced hundreds of investors.

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