Disgruntled creditors of PE Capital Funds Management have directed their anger at former Melbourne developer Martyn Barnes for his role at the collapsed asset manager. And on Wednesday, they got their man.
At its height, the PE Capital property empire claimed a $650 million pipeline of projects, for which it raised money from investors through registered and unregistered investment schemes.
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Max Mason covers insolvency, courts, financial crime, cybercrime 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
