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Daily Archives: July 2, 2018

JetGo ‘trading insolvent’ for almost two years before collapse: report – Illawarra Mercury

BankruptcyBy Insolvency Advisory AccountantsJuly 2, 2018

Ailing regional airline JetGo may have been trading insolvent for almost two years before it filed for administration, during which time it set up a number of new regional flight routes including those in and out of the Illawarra. The report to creditors  who are owed about $38 million with most unlikely to receive a cent if the…

Jailed bikie wins $1.3m in lotto – 9news.com.au

BankruptcyBy Insolvency Advisory AccountantsJuly 2, 2018

A bankrupt associate of the Hells Angels motorcycle gang has somehow won a whopping $1.33 million in lotto from his South Australian jail cell. Reginald Roberts, 64, received the lotto win in April, however it was transferred out of a bank account in his name almost the minute it went in, the Sydney Morning Heraldreports.…

Barbados to introduce trio of tourist taxes to help tackle crippling debt – Telegraph.co.uk

Debt HelpBy Insolvency Advisory AccountantsJuly 2, 2018

Barbados is the latest popular holiday destination to introduce a tax on tourists, which could see families forced to pay more than £200 extra for a fortnights stay. However, while many countries and resorts impose visitor levies to mitigate the environmental impact of mass tourism, the Caribbean island is doing so to raise money to…

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