Overview

• After nearly a week of deliberations, a WA Supreme Court jury on September 4 found Chris Marco guilty on all 43 charges and acquitted his former executive assistant, Linda Marissen.
• Prosecutors said Marco promised high returns via private placement and proof‑of‑funds deals but instead used new contributions to pay other clients, a pattern likened to a Ponzi scheme.
• Evidence presented to the court outlined that about $253 million flowed from roughly 150 people between 2010 and 2018, with around $198.5 million returned and portions spent on property, vehicles, and transfers to Marco and his family.
• Justice Natalie Whitby refused bail, prosecutors flagged a likely double‑digit prison term at sentencing, and Marco’s lawyer indicated the convictions will be appealed.
• ASIC welcomed the verdicts as the product of a painstaking probe that shuttered Marco’s operations and froze accounts in 2018.