‘Catastrophic’: $124m company collapse - news.com.au

6/22/2022 12:00:00 AM2 years 10 months ago
by Sarah Sharples

<p>More than 300 investors impacted by the collapse of an Australian investment firm may have claims worth an estimated $126 million against the company’s directors if it is put into liquidation, a creditor’s report filed with ASIC has revealed.</…

More than 300 investors around Australia and the world are likely to get less than 10 per cent of their money back after they tipped in between $50k and $5m.More than 300 investors impacted by the co… [+10484 chars]

full article...

‘Catastrophic’: $124m company collapse - news.com.au

<p>More than 300 investors impacted by the collapse of an Australian investment firm may have claims worth an estimated $126 million against the company&rsquo;s directors if it is put into liquidation, a creditor&rsquo;s report filed with ASIC has revealed.</…

<p>More than 300 investors impacted by the collapse of an Australian investment firm may have claims worth an estimated $126 million against the company’s directors if it is put into liquidation, a creditor’s report filed with ASIC has revealed.</…