Stuart Layt | AAP
Serial conman Peter Foster has been declared bankrupt by the Federal Court after refusing to pay court costs relating to his scam weight loss company.
Foster was ordered to pay the Australian Competition and Consumer Commission’s legal costs of more than $56,000 after he was found to have been the controlling influence behind the SensaSlim scam, however he has failed to do so.
The costs order was imposed on Foster after he appealed his initial $660,000 fine for his role in the scam, and he was subsequently declared bankrupt at the request of the ACCC.
“The ACCC took this action because we are committed to …
Read the full article at: https://thewest.com.au/politics/law-and-order/court-declares-conman-foster-bankrupt-ng-s-1823664