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ABC News
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Business

Aboriginal elder who lost money to Youpla funeral insurance urges more protection for victims

When Dubbo elder Maxwell Wiseman answered a knock on the door from a trusted friend in 1996, he did not realise he was the target of an allegedly fake Aboriginal insurance company.

Uncle Maxwell, now aged 71, was one of the early victims of the now-defunct Aboriginal Community Benefit Fund, which has been sued by ASIC alleging predatory practices and seeking penalties.

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