Home » Firepower: The Most Spectacular Fraud in Australian History by Gerard Ryle
Firepower: The Most Spectacular Fraud in Australian History Gerard Ryle

Firepower: The Most Spectacular Fraud in Australian History

Gerard Ryle

Published October 8th 2010
ISBN : 9781458716491
Paperback
406 pages
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 About the Book 

A magic pill that cuts fuel consumption and reduces emissions ...... that was the miracle promised by Tim Johnsto s company, Firepower.Everyone believed him- prime ministers and presidents, doctors and diplomats, business leaders and sporting heroeMoreA magic pill that cuts fuel consumption and reduces emissions ...... that was the miracle promised by Tim Johnsto s company, Firepower.Everyone believed him- prime ministers and presidents, doctors and diplomats, business leaders and sporting heroe - even ASIC the corporate watchdo - went along with the myth. Millions of shares were sold to investors, and by 2007, Firepower had become the biggest sporting sponsor in the country.But it was all a sham. In this compelling account, Gerard Ryle demolishes the fairytale, exposing a wobbly financial pyramid and the greatest fraud ever committed in Australia.Tim Johnston divided his people into Oranges and Lemons. Those who did t know him enough yet, he called Oranges. They thought he was nice and sweet and juicy. But those who really got to know him became Lemons: he left them bitter and twisted