Investment scheme leaves families $60 million out of pocket
A complex structure of companies linked to Sydney-based financial adviser Kris Agrawal and his wife Sashi were placed into voluntary administration in August. Cathro & Partners, which is acting for three of those companies now in liquidation, identified an additional $44.4 million in debts owed to creditors, bringing the total debts owed by the Agrawals to over $80 million.
ABC’s 730 Report covered the story: