Are you an investor in IPO Wealth Fund? Contact Slater and Gordon for further information.
On 29 May 2020, a hearing took place in the Supreme Court of Victoria with a report delivered to the Court by receivers after IPO Wealth Holdings missed scheduled repayments of approximately $3 million to the Fund. An accountant representing an investor at the hearing raised concerns as to whether the Fund itself was a “Ponzi scheme” and the trustee, Vasco, had been “asleep at the wheel”.
Slater and Gordon are monitoring the proceedings closely. If you are an investor in the Fund and you would like further information about your rights, please register your details below: