Do people learn from their mistakes?

[stephenb]

A copy of an article from the W.A. Police Gazette (Photographic Supplement) dated December 1952. I guess some people start young, don't they?

[TrevorW]

Started small ended big

[el_draco]

Yeah, "Mr. Big" and getting bigger :(

[GrahamL]

Gotta wonder about someone going broke selling beer to Australians. :)

wow... didn't know hes currently worth 265 m

[Bassnut]

Right. Hes also a crook. Seems he got over his brain damage quick smart.

[OneOfOne]

Amazing how when people like this are declared "bankrupt", all of their assets are amazingly in the name of their wife or children! I reckon if they can't produce receipts to prove they bought it, and payslips to prove they earnt it...take it off them, sell it up, and give all the proceeds toward their debts. Don't even let them eat cake, nothing wrong with eating from garbage bins...dogs do it! My apologies to any dogs out there.

[Baddad]

Hi Trevor, :)

That's a common cop out. When people realise that they're going under, the assets suddenly walk and become the wife's or offspring's possessions.

Bankrupt builders in particular are bad for it. Getting out of the game owing customers tens of thousands as well as sub-contractors being unpaid.

I met someone, years ago, who was trained specially to pack C. Skase's belongings a year before he went to Spain. She supervised the packing and removal of everything to Spain. Skase knew well beforehand the game was up.:mad2:


Cheers Marty

[Paul Haese]

Immediate transfer of assests is no longer possible. You must have transferred the asset at least 5 years prior (last time I checked it was this date) to the act of bankruptcy.