A prominent liquidator appointed to take charge of the assets of dozens of defaulted borrowers has revealed he is actually a personal investor in the lender who appointed him and that his firm vets the company’s loans.
Hall Chadwick managing partner Richard Albarran disclosed that Blackbird Capital Group has referred 50 matters to his firm over 24 months, 10 times more than he previously disclosed, in documents filed with the Australian Securities and Investments Commission last week.
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