User:Xymmax/Sandbox/U-Vistract

U-Vistract is a failed financial investment program that was active in Papua New Guinea from the late 1990s until 2001 (confirm) under the direction of Noah Musingku. The program promised investors high rates of return in exceptionally short periods of time. The fund is believed to have taken in more than 583 millions Kina, or $300 million from some 67,000 investors in Papua New Guinea and the surrounding countries. In XXXX, the fund solicited investments in Australia. The fund's operations in Australia were suspended by the Australian Securities and Investment Commission, which found the fund's claims of 100 per cent return on investment after one month to be unrealistic.