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Home > Please Explain > Confessions of a conman who promised millions, and never paid a cent
Podcast: Please Explain
Episode:

Confessions of a conman who promised millions, and never paid a cent

Category: News & Politics
Duration: 00:12:41
Publish Date: 2023-04-17 19:01:00
Description:

Kris Ridgway is a conman who used his position at a respected financial firm to push unauthorised, high risk investment products to his trusting clients. He made at least $1.6 million in commissions, but his investors haven’t seen a cent.

And now he's confessed.

Ridgway was part of a dubious investment scheme that's left Australian families millions of dollars out of pocket.

He tells investigative journalist for The Sydney Morning Herald, Adele Ferguson in a joint investigation with 60 Minutes that he's hit "rock bottom", that he's ashamed of his acts, and that he fears ending up in a prison cell.

Today, Adele reveals the surprise phone call that led to Ridgway's stunning confession, and the clients he bled dry.

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