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Firepower
The most spectacular fraud in Australian history
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Format: Paperback / softback
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See moreThe scandalous tale of one of the greatest business scams in Australian business history - the controversial fuel pill, Firepower.
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Description
A magic pill that cuts fuel consumption and reduces emissions — that was the miracle promised by Tim Johnston's company, Firepower. Everyone believed him; prime ministers and presidents, doctors and diplomats, business leaders and sporting heroes — even ASIC, the corporate watchdog, 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.
Book Details
INFORMATION
ISBN: 9781741753554
Publisher: Allen & Unwin
Format: Paperback / softback
Date Published: 01 May 2009
Country: Australia
Imprint: Allen & Unwin
Audience: General / adult, Tertiary education
DIMENSIONS
Width: 153.0mm
Height: 234.0mm
Weight: 466g
Pages: 304
About the Author
Gerard Ryle is one of Australia's most decorated investigative reporters. He has been internationally recognised for his work on everything from financial and medical scandals to police corruption. Gerard emigrated from his native Ireland in 1988, working at The Age's Insight team before going on to found the investigative team at the Sydney Morning Herald.
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