Investment scheme leaves families $60 million out of pocket

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Link to 730 report story on the consequences of a financial adviser's companies going into liquidation.

Australia Insolvency/Bankruptcy/Re-Structuring

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A complex structure of companies linked to Sydney-based financial adviser Kris Agrawal and his wife Sashi were placed into voluntary administration in August. Cathro & Partners, which is acting for three of those companies now in liquidation, identified an additional $44.4 million in debts owed to creditors, bringing the total debts owed by the Agrawals to over $80 million.

ABC's 730 Report covered the story:

https://www.abc.net.au/news/2023-09-11/investment-scheme-kris-agrawal-collapse-families-60-million-730/102821010?utm_campaign=newsweb-article-new-share-null&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web

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Investment scheme leaves families $60 million out of pocket

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