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Con man who fleeced millions of dollars dies in self-declared 'kingdom'

Key points

  • Noah Musingku, a con man who took millions of dollars from investors across the South Pacific, has died in his self-declared kingdom in southern Bougainville. A death notice posted online said he had been ill for more than three weeks.
  • Musingku ran the U-Vistract Ponzi scheme from the late 1990s, promising 100 per cent monthly returns. After authorities moved against him, he declared himself King Peii II in his home village of Tonu.
  • An investor and a constitutional lawyer said the money was gone and few payouts are likely.
Con man who fleeced millions of dollars dies in self-declared 'kingdom'
Photo: ABC News Just In

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Continue reading · ABC News Just In
Disclaimer

This is an AI-generated summary based on reporting by ABC News Just In. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.

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