Accused Ponzi princess Veronica Macpherson declared bankrupt … – The West Australian

EXCLUSIVE, Nick Evans and Tim Clarke | The West Australian Wednesday, 21 March 2018 2:00AM Veronica MacphersonPicture: Australian Accused Ponzi princess Veronica Macpherson who stands accused of owing more than $250 million to thousands of investors in her failed Pilbara property scheme was declared personally bankrupt yesterday. A brief hearing in the Federal Circuit Court…

‘Reckless’ directors are targeted in overhaul of insolvency rules – The Times

BHS collapsed in 2016, leaving the companys pension scheme with a £571 million deficitDANIEL LEAL-OLIVAS/PRESS ASSOCIATION The government has unveiled plans to introduce an overhaul of Britains insolvency framework designed to prevent a repeat of scandals such as the failures of BHS and Carillion. New laws would make it easier to bring criminal proceedings against…