[LINK] ABC News: Identity of NSW man behind $19m 'ethical' internet scheme horrifies customers

[Antony Barry]

https://www.abc.net.au/news/2025-08-07/david-sevelle-unmasked-as-lightweb-internet-scheme-founder/105580836

David Sevelle has been publicly identified as the founder behind the
controversial LightWeb internet investment scheme, according to the ABC.
Sevelle, who previously operated under a pseudonym, is accused of
orchestrating a scheme that promised high returns from "revolutionary"
internet services but allegedly defrauded investors. The ABC reports that
LightWeb attracted significant funds from the public before authorities
uncovered a pattern of misleading statements and financial irregularities.
Legal proceedings are now underway, with Sevelle facing multiple charges
related to fraud and deceptive conduct. Authorities have urged anyone who
invested in LightWeb to come forward and participate in the investigation.

Sources
[1] telecommunications - iTnews
https://www.itnews.com.au/tag/telecommunications/page26
[2] AU Goverment To Break Up Telstra; Filtering News - Slashdot
https://yro.slashdot.org/story/09/09/15/2111252/au-goverment-to-break-up-telstra-filtering-news
[3] Web inventor says Australian law could make internet ‘unworkable’
https://www.independent.co.uk/news/australia-internet-law-tim-berners-lee-b1803988.html
[4] Australian Federal Police Raid Major ISPs - Slashdot
https://yro.slashdot.org/story/03/03/06/0018248/australian-federal-police-raid-major-isps
[5] iTWire - Anthony Albanese
https://itwire.com/itwire-magazine/tag/Anthony%20Albanese.html?start=20&type=atom
[6] Media Roundup: ABC's costly blunder and Evan's social media return
https://www.mediaweek.com.au/media-roundup-abcs-costly-legal-blunder-rednote-restrictions-hit-aussie-mps-tesla-class-action-and-evans-social-media-return/
[7] Public warnings
https://www.fairtrading.nsw.gov.au/media-releases-news-updates/public-warnings

Summary by Perplexity AI

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