Someone really needs to put this prick in jail

Doug Somer-Edgar has the Reverse Midas Touch, but usually only when he touches someone elses money. Just about everything he or his associated companies has touched has turned to shit.

Clients of financial adviser Money Managers, who were advised to put their money into the First Step investment trusts, have been told by the trustee they lost $59.7 million in 2008.

Much of the “non-recoverable investment losses” comes from losses on loans the trusts made to Club Finance, a South Auckland vehicle finance company which was 50 percent owned by Doug Somers-Edgar, the founder of Money Managers.

It is about time that he had “I am a Crook” tattoo’d in large black letters across his forehead.

Still I guess the old adage of fools and their money being easily parted is still true today especially when it is Doug Somers-Edgar parting the fols with their cash.


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

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