Former KPMG dealmaker Jon Adgemis’ efforts to keep his crumbling pub empire from falling apart have turned into a family dispute after he allegedly mortgaged a multimillion-dollar home in Sydney’s eastern suburbs he owned with his mother without her knowledge.
The fight is revealed in court documents in the NSW Supreme Court, where Adgemis’ mother is trying to keep a Rose Bay property where her daughter and grandson live as La Trobe Financial seeks to claim it as part of efforts to recoup $6.2 million Adgemis borrowed to finance his business.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
