Mayfair director should not be put in charge of other people's money, court told

Mayfair director should not be put in charge of other people’s money, court told

Restructuring & Insolvency 2020-09-16 7:09 pm By Miklos Bolza | Sydney

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Companies associated with Mayfair’s IPO Wealth Fund should be wound up because they contained assets “artificially inflated” in value and ran what was effectively a Ponzi scheme, the Victoria Supreme Court has heard.

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