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ASIC investigates Aussie start-up’s missing millions

The corporate watchdog is investigating failed Australian start-up Guvera after it left 3,000 investors wondering what happened to more than $180 million they ploughed into the company.

ASIC investigates Aussie start-up’s missing millions
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7.30 can reveal the Australian Securities and Investments Commission (ASIC) has begun questioning investors in the Gold Coast-based tech company, which used a network of accountants to convince mum-and-dad investors around the country to buy up millions of dollars’ worth of shares.

Read the full article on ABC Online.

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