Motivational speaker charged

australian securities and investments commission

17 September 2007
| By Craig Phillips |

A former motivational speaker has been committed to stand trial on charges of dishonestly promoting a non-existent investment scheme.

Christopher Koch, of Hoppers Crossing in Victoria, will appear before Melbourne County Court on charges brought by the Australian Securities and Investments Commission (ASIC), relating to the promotion of an investment scheme between 1996 and 2000.

ASIC alleges that the accused dishonestly promoted an investment opportunity while gaining personal financial advantage.

The fictitious high-yielding scheme that Koch promoted involved 16 investors putting in approximately $1,387,467.

In December 2006 Koch was arrested in Auckland, New Zealand, and extradited to Australia the following month.

The matter has been listed for case conference on November 22, 2007, at the Melbourne County Court.

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