An interesting story:
TAFE teacher gets five years jail

In the course, Brecker floated the idea to students of investing funds for them to watch and gain an insight into the share market.

He told the students the funds would be invested in blue chip shares in listed companies.
I'm surprised the students did not report him before he had lost the money. It's one thing conning mum-and-dad investors, and another thing for students to allow themselves to be conned.