JBFG in voluntary administration, page-5

Absolutely not for lack of trying! I've lodged more complaints with ASIC than I care to count; also the QLD police fraud squad, who palmed me off back to ASIC; my local member; the treasurer; the assistant treasurer; the shadow treasurer; the ombudsman. The result? If you listen carefully you can hear the sound of crickets chirping.

The system is simply broken - the pirates recognized it was broken and they've exploited it to their advantage and our detriment.