$43m Ponzi scheme exposed after businessman's death
Otago Daily Times Online News [Unofficial]
April 14, 2026
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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