The judge also said that the investors' claims that if they had known about the risks they would not have invested, to "lack credibility", that their witness statements "contained formulaic incantations" and that their evidence that they were more focused on long-term investment objectives than on tax benefits was "implausible".
if only the tax office could get this judge when they tackle tax avoiders/evaders - the collections of the tax office would go through the roof.
lossmaker on timg - a self admitted idiot.
TIM Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held