75. The Man with No Grace vs Chris' Special Powers

In another great instalment on the Ken Grace saga, on The Sounds of The Baskerville Podcast, Chris Baskerville again explains in everyday terms the complex world of insolvency practice, exploring the quasi-judicial role of trustees in a balance between law and accounting. He explains to James Flaherty and listeners his challenges chasing down the Goldsky Ponzi scheme, the importance of making informed decisions, and the impact of such schemes on real lives.

Chris shares his experience being challenged by the Australian Securities and Investments Commission (ASIC). He then discusses how strategic decisions were made to secure assets and gain the cooperation of ASIC and great help from their lead investigator. And don’t forget the crucial role of the creditors themselves!

In Chris's easy-to-listen-to style, learn more about the legal and emotional ramifications of financial fraud, the importance of quick settlements, and the value of turning adversaries into allies. The conversation also touches on the personal toll these cases take on investors, highlighting the human side of financial crime. This episode is a must-listen for anyone interested in the intersection of law, finance, and the human stories behind the headlines.