Clestus Weerappah charged over collapse of Dollarforce Group of companies

 

Unitholders may be interested to note that Mr Clestus Weerappah has been arrested, charged (and released on conditional bail pending a Court hearing) in relation to the collapse of the Dollarforce Group of companies.  Unitholders may also note the similarities between the charges being faced by Mr Weerappah and the allegations raised by the Prime Trust Action Group against directors of Australian Property Custodian Holdings Ltd, the Responsible Entity of Prime Trust.  Further information about the charges against Mr Weerappah is available from the link below:

 

http://www.asic.gov.au/asic/asic.nsf/byHeadline/11-68AD%20Arrest%20and%20charges%20in%20Dollarforce%20investigation?opendocument