A hotshot millennial investment adviser who made a name for himself setting up a fund to invest in one of the best cars in the world has been hit with a temporary travel ban amid an investigation by the corporate watchdog.
Magnolia Capital boss and real estate industry identity Mitchell Atkins hit the headlines in 2021 spruiking his car fund, which was intended to buy a Lamborghini Essenza SCV12, a $30 million limited-edition vehicle of which only 40 units were ever produced. The scheme formed part of Atkins sprawling funds empire that managed, at one stage, $28 million for other people.
Magnolia Capital managing director Mitchell Atkins.
He was also a di…
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