Concrete king ‘skimmed profits, cheated ailing mum’

The bitter legal stoush embroiling multi-millionaire Raymond Edwin Neilsen, 72, from Ascot, threatens to tear apart the family behind the state’s biggest family owned cement, gravel and dirt company.Leonie Margaret Merker, 63, from Cashmere in Brisbane’s north, has sued her brother in the Federal Court in Sydney claiming he has been cheating her, and their late mother Ruby, out of income and skimming off profits via excessive management fees for himself, and secretly allowing the family’s land…



Click here to view the original article.