Firepower: The Most Spectacular Fraud in Australian History

Firepower: The Most Spectacular Fraud in Australian History


By (author) Gerard Ryle

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  • Publisher: Allen & Unwin
  • Format: Paperback | 304 pages
  • Dimensions: 153mm x 234mm x 25mm | 398g
  • Publication date: 1 May 2009
  • Publication City/Country: Sydney
  • ISBN 10: 1741753554
  • ISBN 13: 9781741753554
  • Sales rank: 577,053

Product description

A magic pill that cuts fuel consumption and reduces emissions - that was the miracle promised by Tim Johnston's company, Firepower. Everyone believed him; prime ministers and presidents, doctors and diplomats, business leaders and sporting heroes - even ASIC, the corporate watchdog, went along with the myth. Millions of shares were sold to investors, and by 2007, Firepower had become the biggest sporting sponsor in the country. But it was all a sham. In this compelling account, Gerard Ryle demolishes the fairytale, exposing a wobbly financial pyramid and the greatest fraud ever committed in Australia.

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Author information

Gerard Ryle is an acclaimed reporter who has worked at both "The Age "and "Sydney Morning Herald. "