I always wonder how people get on to BRW Young Rich Lists, in fact on any BRW Rich List. The latest to have allegations against him is one Daniel Tzvetkoff.
I believe Manny and Julie Cassimatis were on some list or other of Wealth. Also that chappie from ABC Learning with the ex wife called Le Bon Bon or something similar.
Perhaps it should serve as a possible indicator that prudence and some diligence be exercised when investing with those on "Rich Lists".
I have never heard of Mr.Tzvetkoff, and apart from guessing that his ancestors were anathema to vowels, he is quite a mystery to me.
Fallen Australian IT entrepreneur Daniel Tzvetkoff, who filed for bankruptcy early this year, has been arrested in Las Vegas on charges that he helped gamblers and illegal internet gambling companies launder $US500 million ($540 million).
In a case unsealed in New York, prosecutors accused Mr Tzvetkoff, 27, of processing gambling proceeds and making them appear legal to banks, starting in early 2008.