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Daily Archives: November 19, 2016

Wardrobe lessons from a reformed shopaholic – The Sydney Morning Herald

GamblingBy Insolvency Advisory AccountantsNovember 19, 2016

When Rachel White had a big corporate job in finance, she thought nothing of blowing a couple of grand on clothes every weekend. White says she was dealing with underlying anxiety or tension, and she used shopping as retail therapy to “zone out” on a Saturday or in the evenings after work. Rachel White is…

Paying a heavy price – The New Paper

GamblingBy Insolvency Advisory AccountantsNovember 19, 2016

On Tuesday, a High Court hearing revealed that one man was charged a shocking 240 per cent annual interest on his loan by a licensed moneylender. Too high? Moneylenders and debt counsellors tell NG JUN SEN ([email protected]) that such rates were the norm before new rules kicked in last year It is a mathematics problem…

UPND Lawyer Declared Bankrupt; Property Repossessed – Zambia Reports

BankruptcyBy Insolvency Advisory AccountantsNovember 19, 2016

In what may be construed as a political move to target dissenting voices of opposition leaders, the Lusaka High Court has virtually declared outspoken and volatile UPND lawyer bankrupt. The court has ordered that Mushipes property be repossessed in a matter where she failed to settle a loan. According to available court records, the High…

Australian basketball champ Shane Heal charged with fraud – Newcastle Herald

BankruptcyBy Insolvency Advisory AccountantsNovember 19, 2016

Shane Heal has been charged with three counts of fraud. Photo: Getty Images Australian basketball champion and former Minnesota Timberwolves and San Antonio Spurs player Shane Heal has been charged with three count of fraud relating to an alleged $750,000 scam.  Shane Heal represented Australia at four Olympic Games. Photo: Tim Clayton Mr Heal, famed…

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