Ostrich Meat Bites Back

Hard on the heels of the uproar over horticultural company PT QSAR’s investment scandal, investors who forked out Rp18 billion to an Australian ostrich venture are in danger of losing their collective nest egg.

October 15, 2002

Don’t ever fall prey to offers of fantastic profits. You can draw your lesson from the experience of Lisda Surjadi. A housewife residing in the Pulomas area of Jakarta, Lisda made a regrettable investment blunder. In late 1998, when the Indonesian economy was in the depths of the financial crisis Lisda could not make up her mind how to invest her money. Then came an offer from a relative in Australia, advising her to invest in an Australian

...

More Articles