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James Wallace loses $1.2m bid against builder

Judge says disgraced millionaire’s company ‘arguably caused’ the Podular Housing collapse, which left homeowners high and dry.

Disgraced businessman James Wallace.

Maria Slade Wed, 18 Oct 2023

A company owned by wealthy businessman and convicted sex offender James Wallace has failed in a bid to recover $1.2 million from the founder of a home building firm.

Wallace Corporation, 100% owned by James Wallace, sought summary judgment against Ilan Gross over loans to his company Podular Housing

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James Wallace loses $1.2m bid against builder
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