Ponzi schemer Samra drew funds at ‘near excess’, BankSA admits

Allens 2018-11-21 8:41 pm By Miklos Bolza | Sydney

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Westpac-owned BankSA has admitted that convicted Ponzi schemer Michael Samra withdrew funds at “near excess” of the bank’s limits and had insufficient money to honour cheques drawn on his company’s bank account.

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