Russell Sandiford is facing possible jail time and a hefty fine after he convinced people to hand over more than $400,000 for the purpose of investing before spending it all elsewhere and paying back just 1% of the total to investors. https://www.moneymag.com.au/feed/latest?story=179803091 en-AU Copyright 2026 Money magazine 5 https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png