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An Entity of Type: Private company, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Firepower International was a fraudulent company that advertised as a Hong Kong-based company owned and operated by Global Fuel Technologies Ltd, specializing in technology purporting to reduce the fuel consumption and environmental impact of petrol-operated vehicles. There were other offices in Sydney, China, Rhodes, Athens and Papua New Guinea, according to the now-defunct official company website. However, "in reality it was a handful of people in an industrial estate in Perth", who were conducting a complex of fraudulent operations. The original entity—Firepower Operations Pty Ltd—was a A$1 company, first registered in December 2004, owned by Firepower Holdings Group Ltd, a company with an address in the British Virgin Islands.

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dbo:abstract
  • Beim Firepower-Betrugsskandal handelt es sich um einen der spektakulärsten und größten Betrugsskandale der australischen Geschichte. Tim Johnson, Chef der wenig bekannten Technologiefirma Firepower, behauptete, einen Stoff gefunden zu haben, mit dem Motoren den Treibstoff effizienter verbrennen können. Regierungen in der ganzen Welt interessierten sich für die „Wunderpille“ und die australische Regierung förderte das Unternehmen. So verkündete die australische Botschaft die Sensation weltweit. Durch die so erzeugte Aufmerksamkeit gelang es Johnson bei interessierten Anlegern 100 Millionen Dollar einzusammeln. Da der Wunderstoff jedoch nicht existierte, wurde das Geld von Johnson auch nicht investiert, sondern auf den British Virgin Islands, einer Steueroase versteckt. Firepower ging 2007 bankrott. Der Skandal wurde von dem australischen Journalisten Gerard Ryle, der für die australische Zeitung The Sydney Morning Herald arbeitete, aufgedeckt und in dem Buch Firepower: The Most Spectacular Fraud in Australian History. verarbeitet. (de)
  • Firepower International was a fraudulent company that advertised as a Hong Kong-based company owned and operated by Global Fuel Technologies Ltd, specializing in technology purporting to reduce the fuel consumption and environmental impact of petrol-operated vehicles. There were other offices in Sydney, China, Rhodes, Athens and Papua New Guinea, according to the now-defunct official company website. However, "in reality it was a handful of people in an industrial estate in Perth", who were conducting a complex of fraudulent operations. The original entity—Firepower Operations Pty Ltd—was a A$1 company, first registered in December 2004, owned by Firepower Holdings Group Ltd, a company with an address in the British Virgin Islands. Through connections created with Australian federal ministers, trade officials and their networks, the governments of Britain, Russia, Romania and many others were persuaded to believe Firepower offered important solutions to global warming and the peak oil energy crisis. However, after questions were raised about the efficacy of the "Firepower Pill" and related products in reducing engine fuel consumption, the Firepower organisation's principal, Tim Johnston, was claimed by media critics to have perpetrated a large-scale confidence trick or scam and became the subject of investigation by the Australian Securities and Investments Commission (ASIC). In July 2011, ASIC banned Johnston from managing any company for twenty years. (en)
  • L'affaire Firepower est une affaire politico-financière d'escroquerie au détriment des consommateurs et d'investisseurs d'Australie qui s’est déroulée de 2005 à 2007. (fr)
dbo:fate
  • Shut down byAustralian Securities and Investments Commission (en)
dbo:foundingYear
  • 2004-01-01 (xsd:gYear)
dbo:locationCity
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dbo:type
dbo:wikiPageExternalLink
dbo:wikiPageID
  • 18562549 (xsd:integer)
dbo:wikiPageLength
  • 28982 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1120752716 (xsd:integer)
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dbp:fate
  • Shut down by Australian Securities and Investments Commission (en)
dbp:founded
  • in Perth, Western Australia (en)
dbp:founder
  • Timothy Francis Johnston (en)
dbp:hqLocationCity
  • Perth (en)
dbp:hqLocationCountry
  • Australia (en)
dbp:logo
  • Firepower_International_Logo.png (en)
dbp:name
  • Firepower Operations Pty Ltd (en)
dbp:products
  • Firepower Pill (en)
dbp:type
dbp:wikiPageUsesTemplate
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rdfs:comment
  • L'affaire Firepower est une affaire politico-financière d'escroquerie au détriment des consommateurs et d'investisseurs d'Australie qui s’est déroulée de 2005 à 2007. (fr)
  • Beim Firepower-Betrugsskandal handelt es sich um einen der spektakulärsten und größten Betrugsskandale der australischen Geschichte. Tim Johnson, Chef der wenig bekannten Technologiefirma Firepower, behauptete, einen Stoff gefunden zu haben, mit dem Motoren den Treibstoff effizienter verbrennen können. Regierungen in der ganzen Welt interessierten sich für die „Wunderpille“ und die australische Regierung förderte das Unternehmen. So verkündete die australische Botschaft die Sensation weltweit. Durch die so erzeugte Aufmerksamkeit gelang es Johnson bei interessierten Anlegern 100 Millionen Dollar einzusammeln. Da der Wunderstoff jedoch nicht existierte, wurde das Geld von Johnson auch nicht investiert, sondern auf den British Virgin Islands, einer Steueroase versteckt. Firepower ging 2007 b (de)
  • Firepower International was a fraudulent company that advertised as a Hong Kong-based company owned and operated by Global Fuel Technologies Ltd, specializing in technology purporting to reduce the fuel consumption and environmental impact of petrol-operated vehicles. There were other offices in Sydney, China, Rhodes, Athens and Papua New Guinea, according to the now-defunct official company website. However, "in reality it was a handful of people in an industrial estate in Perth", who were conducting a complex of fraudulent operations. The original entity—Firepower Operations Pty Ltd—was a A$1 company, first registered in December 2004, owned by Firepower Holdings Group Ltd, a company with an address in the British Virgin Islands. (en)
rdfs:label
  • Firepower-Betrugsskandal (de)
  • Firepower International (en)
  • Affaire Firepower (fr)
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foaf:isPrimaryTopicOf
foaf:name
  • Firepower Operations Pty Ltd (en)
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