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Catherine's Fashionwear creditors $3.8m out of pocket as SFO investigation continues

Calida Smylie
Thu, 25 Sep 2014

Creditors, including Heartland Bank [NZX: HNZ], are unlikely to be paid after loaning millions to a trio of companies being investigated by the Serious Fraud Office.

As previously reported, Catherine’s Fashionwear, owned by Auckland businesswoman Catherine Casey and her husband David, and Apparel

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Calida Smylie
Thu, 25 Sep 2014
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Catherine's Fashionwear creditors $3.8m out of pocket as SFO investigation continues
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