Four Weight Loss Solutions Australia companies directed by Felicity Cohen in receivership

Receivers have been appointed to four companies directed by a besieged “wellness warrior” as her weight loss empire continues its multi million-dollar crumble. Read the latest

Receivers have been appointed to four companies directed by a besieged “wellness warrior” as her weight loss empire continues its multi million-dollar crumble.

Felicity Jane Cohen, 60, CEO of Weight Loss Solutions Australia, has overseen a series of company collapses which have left creditors millions of dollars out of pocket.

Weight Loss Solutions Australia facilitates bariatric surgeries and other slimming procedures from its headquarters at Varsity Lakes.

Two companies associated with the business – Bariatric Patient Management Australia and WLSA Pty Ltd – are in liquidation, with debts of almost $3 million between them.

Staff and patients are among those who have claimed to be owed money.

Financial reports for another entity, Bariatric Patient Management Trust, show debts of another $2.1m.

A report lodged by the liquidator of Bariatric Patient Management Australia said Ms Cohen “owes $1.98 million to the company in relation to a loan account” and had made no arrangement to pay it back. She has since denied owing the money.

'Four Weight Loss Solutions Australia companies directed by Felicity Cohen in receivership Picture: Richard Gosling

Staff of WLSA are owed more than $360,000 in unpaid superannuation and entitlements, with multiple former employees coming forward to talk about their struggles with the company.

Another Cohen company, WLSA Investments, was served a wind-up application by the Deputy Commissioner of Taxation in November.

The matter was due for hearing before the Federal Court on January 24, but receivers swooped to secure company assets on December 17.

Weight Loss Solutions Australia headquarters at Varsity Lakes on October 17, 2024.

Receiver Andrew Quinn of Mackay Goodwin was appointed to the company as well as Only (Foods); Research Institute for Future Health; and WLSA Holdings – all solely directed by Ms Cohen.

The receivers were appointed by business lender Bizcap, which loaned more than $90,000 to BPMA.

A new company called Brilliant Bariatrics has been operating the WLSA business at Varsity Lakes, where Ms Cohen is still CEO.

It is directed by Brisbane anaesthetist Dimitri Fedorov, who reportedly paid up to $400,000 for it.

Originally published as Four Weight Loss Solutions Australia companies directed by Felicity Cohen in receivership