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Hot Topic DEALMAKERS
Australia
3 mins to read

Mars Cap ‘dishonest and fraudulent,’ says Australian judge

The Mars Cap saga continues as administrators continue to unravel what happened to billions in investor funds.

The abandoned Mars Cap office in Kitchener Street, Auckland.

An Australian judge has continued an order freezing the assets of the businessman who controlled failed Auckland company Mars Cap and has lifted a suppression order so that an affidavit detailing his global assets can now be shared with administrators.

The move is the latest development in the case

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Lachlan Colquhoun Thu, 16 Nov 2023
Contact the Writer: lachlan@nbr.co.nz
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Mars Cap ‘dishonest and fraudulent,’ says Australian judge
Australia,
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