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Before Richard Ludwig’s company went bust, he and his pre-insolvency advisers smuggled more than $740,000 out of the business – abc.net.au

On the surface, it appeared to be another business going to the wall after failing to pay its mounting bills. But the reality…

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A Gold Coast businessman is in custody awaiting sentencing after he followed a plan to illegally strip his telecom company of money and assets before it went bust.
Key points:

  • With the advice of two pre-insolvency advisers, Richard Ludwig arranged to illegally…

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