A group of companies run by the owner of SoleNet and Sure Telecom have been wound up as liquidators chase up a potential $2 million debt owed to creditors.
The telecommunications companies owned by James Harrison were placed in liquidation in November 2014. These companies include Telco Service Holdings and Sure Telecom.
Liquidators from Deloitte conducted an investigation into the companies, which found that the company was insolvent before the transactions. At the time, the business was valued at $820,000.
The liquidators alleged that unlawful phoenixing activity took place when customers were traded between companies from 2013 and 2014 to avoid regulatory sanctions and debts.
The investigation named …
Read the full article at: https://www.crn.com.au/news/liquidators-chase-solenet-sure-telecom-for-2-million-debt-467630
