‘Sad and tragic’: Court winds up Mayfair’s IPO Wealth Fund

Restructuring & Insolvency 2020-09-17 5:53 pm By Miklos Bolza | Sydney

A  judge has ordered 17 companies connected to Mayfair’s “failed” IPO Wealth Fund to be wound up after finding the fund’s director put investor money at risk through “highly speculative” investments to make a windfall for himself.