David Koch issues warning after two Aussie women lost hundreds of thousands of ... trends now

David Koch issues warning after two Aussie women lost hundreds of thousands of ... trends now
David Koch issues warning after two Aussie women lost hundreds of thousands of ... trends now

David Koch issues warning after two Aussie women lost hundreds of thousands of ... trends now

An Australian woman who lost over $250,000 to a sophisticated scam using David Koch's face to lure victims has confronted the man who allegedly orchestrated the fraud, labelling him 'scum'. 

Alison Smyth, from Adelaide, admitted that she thought about ending her life after shameless fraudsters took advantage of her desire to make more money so she could move her mother, who suffers from Alzheimer's, into a nursing home.

She stumbled across a link on social media using former Sunrise host David 'Kochie' Koch's face to promote a cryptocurrency investment platform. 

Ms Smyth claimed she was groomed and encouraged to make investments, only realising it was a scam after she had been cleared of her life savings. 

She's among more than 600,000 Aussies who have lost a combined $2.7b in the last year.

'I was totally mortified and I thought of suicide,' she told Channel Seven's Spotlight.

Alison Smyth (pictured), from Adelaide, thought about ending her life after alleged fraudsters took advantage of her desire to make more money so she could move her mother, who suffers from Alzheimer's, into a nursing home

Alison Smyth (pictured), from Adelaide, thought about ending her life after alleged fraudsters took advantage of her desire to make more money so she could move her mother, who suffers from Alzheimer's, into a nursing home

The Port Adelaide AFL die-hard fan got a small form of justice after the program tracked down the man accused of being in charge of the alleged fraud to a grimy office block in Cebu in Philippines.

'You're scum mate, absolute scum,' an angry Ms Smyth told the man through Facetime, who remained silent and refused to make eye contact. 

'You are scum of the earth. You deserve to rot, mate.' 

Journalist Liam Bartlett asked the alleged fraudster if he would apologise.

You really are pathetic mate, honestly!' he told the man.

'A simple sorry and you can't even manage that.' 

Ms Smyth wanted the alleged fraudsters who allegedly ripped her off behind bars.

'I want to see the people arrested, to see them zip-tied and on the ground,' she said.

'I want to see them treated like the scum they are, put in the dirt, face down. 

'And I would like to get my money back.'

However, the program revealed that the alleged criminal mastermind fled the country while on bail.

Alison Smyth got a chance to confront the man accused of being behind the alleged scam which saw her lose $250,000

Alison Smyth got a chance to confront the man accused of being behind the alleged scam which saw her lose $250,000

Mr Smyth revealed she was initially tricked by the use of David 'Kochie' Koch's face on a social media advert.

'There was a picture of David Koch with 'see what Kochie's doing with his Bitcoin',' Ms

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