Gold Coast Businessman Faces Contempt Charges
Brisbane News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
A Gold Coast businessman and his wife face contempt charges for allegedly breaching court freezing orders, with regulators claiming they spent investor funds on luxury items, gambling, and a resort in Fiji. The couple is accused of dipping into restricted funds, with the wife spending thousands on travel and the husband claiming withdrawals were pity gifts and stress relievers. New court filings reveal attempts to set up a company in the United Arab Emirates, and the couples request for additional legal fees was denied due to their overseas spending. The contempt case heads to Federal Court in April.
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