Australian mother accused of masterminding $90 million investment scheme
An Australian mother is at the centre of a multimillion-dollar investment controversy that dwarfs the $25 million worth of missing funds attributed to Melissa Caddick, who disappeared in 2020.
Sydney-based finance guru Alev Dover was splashed across online magazine covers as a trailblazing leader and one of 10 most empowering women to watch.
But the 53-year-old has disappeared and is accused of being the mastermind behind a Ponzi scheme that's left hard-working Australians $90 million out of pocket.
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Sydney-based finance guru Alev Dover was splashed across online magazine covers as a trailblazing leader and one of 10 most empowering women to watch. Nine
Doctors, painters and truck drivers invested their self-managed superannuation funds or took loans out against their homes to invest with Dover's Archura Group of companies.
Sydney cardiologist Dr Athlua Gunesekara claims Dover owes him $354,000 and he's not the lone member of the medical fraternity demanding answers.
"A lot of people are suffering, and they have been kicked out of their houses and they are suffering for their day-to-day supplies," Gunasekara told A Current Affair.
Dover sold a suite of investments ranging from technology to infrastructure funds and so-called cash repatriation deals.
Western Sydney-based truckers Muhammet and Hasan Seyan enjoyed 20 per cent returns early on their investment from Dover.
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Sydney cardiologist Dr Athlua Gunesekara claims Dover owes him $354,000 and he's not the lone member of the medical fraternity demanding answers. Nine
They sold their trucking business and a house and invested $1 million. The brothers received a Shariah certificate stating their investments were in line with their beliefs but they now claim the certificate is fake.
"She's taken away our hard-earned money, and she's taken away our children's future," Muhammet said.
Latest communication from Dover appears to be from Istanbul where she addresses the supposed shipment of hundreds of millions of US dollars from Iran.
NSW Police confirmed Dover is under investigation and her sudden departure from Sydney shows "an organised crime level of escape from Australia".
In a text message, Dover told A Current Affair reporter Steve Marshall "I will be back in Sydney in 2 weeks and would like to speak to you face to face to tell you my side of the story. Regards".
Corporate regulator ASIC said it's aware of the matter and will continue to monitor the situation in line with our normal procedures.
Dover did not respond to a list of allegations raised in the A Current Affair story.
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