NDIS property developer under investigation for allegedly gambling $39m of investor funds

The Federal Court has frozen the assets and appointed receivers to a Gold Coast couple and their companies after an ASIC investigation revealed that nearly $40 million of investors’ money was likely gambled at casinos. The Federal Court has frozen the assets and appointed receivers to a Gold Coast couple and their companies after an ASIC investigation revealed that nearly $40 million of investors’ money was likely gambled at casinos. Courts and Trials, Financial Services Industry, Scams and Fraud, Gambling Latest business news