OpinionWisest choice. Deloitte CEO Adam Powick.Wisdom surely has prevailed. On Tuesday evening Deloitte and Paul Ryan Quill reached an agreement which will see the now ex-restructuring division director hand over his assets to satisfy claims totalling more than $3 million which Deloitte had alleged he pilfered from the big four accounting firm via a sham expenses scam. We say had alleged because the deceptive and…
Aluminium underpants purchased with funds allegedly defrauded from Deloitte by ex-Restructuring Division director Paul Quill.One of the certainties to flow from the reporting to police of allegations of criminal conduct by former Deloitte director Paul Quill is that the big four firm’s forensic division now has a whole lot more work in front of it.Quill, who allegedly rorted more than $3 million in fake expenses…
Ex-liquidator and former Jirsch Sutherland partner Amanda Young. Ex-liquidator and convicted fraud Amanda Young has avoided gaol after a judge yesterday ordered that the 41 year old serve a term of imprisonment totalling 27 months while subject to an intensive corrections order (ICO).At the conclusion of a two and half hour hearing District Court judge Kara Shead said that but for Young’s fragile mental state…
Brendan Nixon.When a firm has but a single WIP magnet, its continued existence might be deemed precarious when the appointment taker declares he’s done.According to iNO’s sources, that’s what’s happening up in Annastonia where Jarrod Sierocki’s SM Solvency Accountants is contemplating the departure of key man and registered liquidator Brendan Nixon. We hear Brisbane-based Nixon has decided to take a break and with nobody else…
Savants’ Adrian Duncan.Adrian Duncan, the registered liquidator and a key investor in the failed 2005 bid to list Knights Insolvency Administration on the Australian Stock Exchange (ASX) is rumoured to have left Britain for South America after the UK regulator stripped him of his license and his firm Savants Restructuring was placed in administration.Three years after the Institute of Chartered Accountants in England and Wales…
A potentially prestigious and professionally rewarding bankruptcy appointment could be imminent after the Federal Court published details of freezing orders in respect of claims totalling almost $110 million being pursued by the Deputy Commissioner of Taxation (DCoT) against Queensland property developer James Raptis. Raptis, who is Queensland’s honorary consul for Greece, was one of the state’s biggest property developers until the 2009 global credit crunch…
Amanda Young conceals her face as she leaves court.A harrowing portrait of a problem-plagued life made worse by alleged workplace bullying and harassment unfolded yesterday as ex-liquidator Amanda Young testified ahead of her sentencing on charges of stealing tens of thousands of dollars while employed as a salaried partner at the Sydney office of insolvency firm Jirsch Sutherland.Young, who in February pleaded guilty to two…
Worrells partner Jason Bettles.Editor’s Note: On Friday, August 18, 2023 Justice Brigitte Markovic of the Federal Court of Australia dismissed ASIC’s case against liquidator Jason Bettles and ordered the regulator to pay Bettles’ costs.Worrells’ Jason Bettles has had another win in his ongoing fight with ASIC, which throws money at poorly articulated misconduct cases knowing the costs of setbacks are recoverable via Industry Funding. Last…
Macks Advisory’s Peter Macks.A judge of the Supreme Court of South Australia has ordered that the registration of liquidator Peter Ivan Macks be suspended for three years after finding that he had fabricated documents in a failed bid to divert scrutiny of his conduct by the Australian Securities and Investments Commission (ASIC). The finding of dishonesty by Justice Sam Doyle handed down last Friday would…
Amanda Young at the NSW Supreme Court.10 months after being charged with multiple criminal offences, former Jirsch Sutherland partner and struck-off liquidator Amanda Young has pleaded guilty to one charge of fraud and one count of dishonesty.Young pleaded guilty in the NSW Local Court on January 19, 2021.She will return to the NSW District Court ahead of sentencing on February 26.Her plea to two of…