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The Ponzi scheme that preyed on faith

The Ponzi scheme that preyed on faith

Bhavesh was in trouble. His wife had just suffered three heart attacks and he couldn't afford treatment. So he turned to trusted members of his spiritual community for help. But as reporter Meghna Bali discovers, Bhavesh soon started getting death threats instead, and he found himself at the wrong end of one of Australia's biggest cryptocurrency Ponzi schemes.

Background Briefing · Australian Broadcasting Corporation

October 31, 202037m 4s

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Show Notes

Bhavesh was in trouble. His wife had just suffered three heart attacks and he couldn't afford treatment.

So he turned to trusted members of his spiritual community for help.

But as reporter Meghna Bali discovers, Bhavesh soon started getting death threats instead, and he found himself at the wrong end of one of Australia's biggest cryptocurrency Ponzi schemes.

Topics

investigationsinvestigativein depth reportingnewscurrent affairs