• 0 Posts
  • 5 Comments
Joined 3 years ago
cake
Cake day: September 2nd, 2023

help-circle




  • He identified $385,000 worth of transactions that might be “unreasonable director-related transactions … in favour of a director, a close associate of the director or to a person on behalf of [either]”.

    The company has debts with everyone (customers, government, talking head, sponsors), definitely a fraudulent* bankruptcy. The director’s name (George Zacharia) is unfortunately too common, I wish that I could have found some cringe social media that was definitely his. Damien Costas and his many bankruptcies are easy to find back. I wouldn’t be surprised if Zacharia was a strawman for Costas.

    *Edit to add: that disappeared money wasn’t splurged on anything fancy, it was siphoned out.