A Melbourne private credit firm being pursued by the corporate regulator for allegedly ripping off its customers sent enforcers to one of its borrowers’ homes in an attempt to settle a debt.
Oak Capital describes itself as a “mid-tier” non-bank lender with $700 million under management and specialises in real estate financing.
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Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
