CTO citigold corporation limited
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is this the next madoff ponzi scheme, page-2

  1. nomoregfc
    124 Posts.
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    05/10/09
    14:00
    Post #: 5733496
    The financial report gets more interesting the more you read.

    The company's assets are located in Australia and listed on the ASX.

    Yet the the CEO Mike Lynch was based in the UAE.

    Mr Lynch was paid $328k for living overseas running the company.

    I have not seem the total travel expense for Mr Lynch but I bet that is high also. And yes the shareholder pay yet again.

    Please tell us Mr Lynch why were you based in the UAE? and are you still based there?


    CTO Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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