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ABC News
ABC News
Business
Caro Meldrum-Hanna, Lesley Robinson and Patrick Begley

The Greywolf 'goldmine' that never paid off and the elusive man behind it all

It may sound like an unlikely hunting ground, but a coastal bowling club full of cash-strapped seniors was the perfect place for Greywolf to find seed investors.

The pensioners there were inexperienced with the stock market and financially vulnerable, anxious to ensure comfort and safety in old age.

Mates Trevor Chapman, Noel Higgs and Tom Cain never suspected their new bowling mate was on the prowl.

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