Before Richard Lud­wig’s com­pa­ny Cap Coast Tele­com went bust, he and his pre-insol­ven­cy advi­sors smug­gled more than $740,000 out of the busi­ness — ABC News

Michael Hayter appeared last night on the ABC News 7.30 Report, in an exten­sive inter­view on the need for stronger enforce­ment in the pre-insol­ven­cy indus­try. The inter­view relates to the cir­cum­stances in which two pre-insol­ven­cy advi­sors and a direc­tor were con­vict­ed of var­i­ous offens­es and received prison sen­tences after Michael Hayter suc­cess­ful­ly con­duct­ed legal pro­ceed­ings against them on behalf of the liq­uida­tor of Cap Coast Telecom.

To watch the full ABC News 7.30 Report inter­view click here

If you would like to repub­lish this arti­cle, it is gen­er­al­ly approved, but pri­or to doing so please con­tact the Mar­ket­ing team at marketing@​swaab.​com.​au. This arti­cle is not legal advice and the views and com­ments are of a gen­er­al nature only. This arti­cle is not to be relied upon in sub­sti­tu­tion for detailed legal advice.

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