Creditors have allegedly been cheated in a complicated scam involving a registered trustee, an insolvency advisor and a bankrupt person. A series of properties were raided across South East Queensland on Wednesday with records seized in relation to suspected fraudulent behaviour. During the bankruptcy, a registered trustee and a pre-insolvency advisor are alleged to have helped the bankrupt person manipulate the outcome of a creditors’ meeting, leading to the annulment of the bankruptcy. Some debts claimed appear to be illegitimate and there are allegations of false statements in official documents as well as the disposal of property before the start of the bankruptcy, according to the Australian Financial Security Authority investigati…
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