Troubled funds outfit Mayfair 101 spent almost $10,000 on a Monaco superyacht show and more than $30,000 on cryptocurrency experts, according to an internal "intercompany investment" document.
Other expenses including a $498 meal at a stylish London cafe, $25 at Hungry Jack's and a $5.55 Uber trip are listed in the investment journal entry, marked as being for a proposed Mayfair 101 retail bond venture.
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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
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
