Firepower: The Most Spectacular Fraud in Australian History

Gerard Ryle

Firepower: The Most Spectacular Fraud in Australian History
Format
Paperback
Publisher
ReadHowYouWant.com Ltd
Country
Canada
Published
8 October 2010
Pages
360
ISBN
9781458716491

Firepower: The Most Spectacular Fraud in Australian History

Gerard Ryle

A magic pill that cuts fuel consumption and reduces emissions …that was the miracle promised by Tim Johnsto’ s company, Firepower. Everyone believed him; prime ministers and presidents, doctors and diplomats, business leaders and sporting heroe - even ASIC the corporate watch do - went along with the myth. Millions of shares were sold to investors, and by 2007, Firepower had become the biggest sporting sponsor in the country. But it was all a sham. In this compelling account, Gerard Ryle demolishes the fairytale, exposing a wobbly financial pyramid and the greatest fraud ever committed in Australia. Tim Johnston divided his people into Oranges and Lemons. Those who did’ t know him enough yet, he called Oranges. They thought he was nice and sweet and juicy. But those who really got to know him became Lemons: he left them bitter and twisted.

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