The business belonging to a man twice named Young Australian of the Year, and who was later convicted of fraud, has collapsed with debts exceeding $1 million.
Earlier this month, the NSW Supreme Court ordered Braaap Motorcycles Pty Ltd into liquidation.
Braaap was a motorbike distributor that sold brand new or used bikes, or leased them, and shipped all over the country, with headquarters in the Melbourne suburb of Carrum Downs. A social media page where past or current customers discuss their Braaap-branded bikes has more than 5000 members.
One of Braaap’s major selling points was its lifetime warranty offer and that was one of the reasons Queenslanders Liam Leonard and his wife decided to buy a motorbike from the retailer at the end…
