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CBA wrongly ensnares retiree in Raptis freeze order

Liam WalshReporter
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A retiree who bought a Raptis Group apartment was locked out of her own money after a bank mistakenly implemented an $80 million tax office-freezing order linked to developer Jim Raptis.

The 68-year-old was astounded to find she could not access $145,000 in her Commonwealth Bank account.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
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    Original URL: https://www.afr.com/companies/financial-services/cba-wrongly-ensnares-retiree-in-raptis-freeze-order-20211011-p58yyf