Mark J Smith - Blog

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2 min read

Newpoint is a sham: Part 3

Meet Richard Dvorak - the guy with a registered charge over $500m of Newpoint shares (Rhode Island tax fraudster, the man who would control Newpoint in the event of a wind-up).

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3 min read

Newpoint - What is the value in 2024 of US$42bn payable in 2043? - Part 2

Let's analyze the investment in a bond that was purchased on February 15, 2013, with a maturity date of February 15, 2043, considering the current...

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1 min read

Newpoint - What was the value in 2013 of US$42bn payable in 2043?

Imagine you have a magic piggy bank that can grow money over time. But, there's a catch: the money you put in today (or in 2013) won't be worth as...

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1 min read

Investigation: Newpoint Ponzi scheme to challenge grandaddy of all insurance rorts?

In the course of investigating one of the dodgiest people I've come across, Steven Papermaster, I stumbled onto some research into probably a lovely...

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2 min read

Biteriot’s busted business model: export cherry sales down 75%

Fiona Hall, Biteriot, Caernarvon Cherry – pays staff $70 per day and then complains that she can’t find workers? Alleged Nuffield Scholar, Fiona Hall...

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4 min read

Employer masterclass: lessons from Biteriot?

Why are some Biteriot employees paid $70 per day, and other Biteriot workers working 27.5 hours day, 192 hours per week? What is the right level of...

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