A victim of an "incompetent" foreign exchange trader whose failed Ponzi scheme inflicted loses of about $1.5 million on investors says his quality of life took a hit when his "significant" portfolio vanished. Rene Alan Chalmers, 43, has been jailed for four years and three months after earlier admitting 14 charges brought by the Serious Fraud Office (SFO) of theft by a person in a special relationship, dishonestly using a document and making false statements to investors, including his family and friends. One former acquaintance, Tauranga school principal Ben Fuller, said he lost a "significant" amount ... (full story)