It warms the heart... Really, it does.

A few years back Gabrial Pennicott conned a group of Australian investors out of three quarters of a million dollars in a property investment swindle. He fled Australia rather than face the heat from regulators and their former clients. But if the arm of the law is long, the arm of an Australian schoolteacher is even longer.

Tired of inaction from local regulators, Pennicott's victims took action. With the help of a Private Investigator, a group of Pennicott's former clients - including 66-year old retired schoolteacher Frances McMenomy - tracked Pennicott from Australia to California to Canada, where he was served with legal papers.

Great story. For more details on Pennicott, the swindle and the sting check out this article from The Australian.

-- MDT

Labels: Australia, Gabrial Pennicott, swindle, vigilantes