There appears to be little follow up in other media today to the Sydney Morning Herald's news break yesterday on the ponzi scheme (which it what is implied) trading as Astarra Strategic Fund. Trio Capital is the responsible entity for the fund,The SMH reported yesterday that the Australian Securities and Investments Commission placed an urgent interim stop order on Trio Capital, formerly known as Astarra Capital, requiring the funds manager to remove its product disclosure statements for the fund, with about $120 million invested. ASIC yesterday lodged an additional stop order on Trio in relation to at least one other Astarra fund, the SMH reported today. The stop orders are listed, but no yet imaged, at the ASIC website.There are suggestions in the SMH reports of money laundering as well as a ponzi scheme that lie behind the Astarra Strategic Fund (given the stellar, and consistent, returns reported by key funds at the height of the financial crisis).The SMH also reported today that ANZ, the former custodian of the fund's assets (and the one listed in the product disclosure statement for Astarra) took time to clarify that the bank was not, any longer, custodian of the assets.National Australia Bank took over that role this year. But NAB too, the SMH reported, "took time" to confirm that it now filled this role.The newspaper's core questions to the two bank custodians (as part of an investigation the SMH pursued for months) appear to have attempted to confirm ownership of assets in line with those disclosed in the PDS. One follow up was in Investor Daily, which reported today that at least two external fund managers that Astarra claimed to use contend that the fund is not a client, or at least not directly. Investor Daily quoted executives from Concord Capital and Ausbil Dexia denying they held investment mandates from the fund.