Former Billabong boss Matthew Perrin faked his ex-wife’s signature on mortgage documents to use the family home in a $13.5 million fraud, a court has been told.
He allegedly used the “large and substantial” property at Surfers Paradise as security for credit from the Commonwealth Bank behind his then-wife’s back.
The house was solely in Nicole Perrin’s name, so he forged her signature on a number of documents to the secure the funds, it is claimed.
Mr Perrin is on trial at the Brisbane District Court charged with nine counts of forgery and three of fraud in 2008.
Read the full article at: http://www.smh.com.au/business/former-billabong-boss-in-135-million-fraud-20161212-gt97o4.html