Defunct New Zealand ‘Forex Brokers’ Debt Raises to Over $10m
Posted: Tue Apr 18, 2017 9:33 am
Only last week when the New Zealand based Forex Brokers group has reportedly collapsed, its debt was estimated at just over $1 million. Now the figure has already ballooned to over $10 million owed to creditors, according to the New Zealand Herald.
The London Summit 2017 is coming, get involved!
The New Zealandian accounting practice PFK Corporate Recovery & Insolvency was appointed as liquidators and is quoted today by the newspaper saying that “while liabilities were still to be confirmed they were substantial and exceeded $10m.” The assets of the company, “primarily around $10,000 in cash and ... (read more)