Zone RV in liquidation as police confirm fraud investigation

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News Brief: Zone RV to be Liquidated; Director Under Police Investigation

Summary

Creditors have voted to liquidate the failed luxury caravan maker Zone RV. The company collapsed in December owing $42 million, leaving many customers without their paid-for caravans. Police are investigating a fraud complaint against the company’s sole director, David Biggar.

Key Points

  • Liquidation Approved: Creditors followed the administrator’s recommendation to wind up Zone RV at a meeting on Thursday.
  • Customer Losses: Nearly 150 customers paid about $15 million in progress payments for caravans that were never built.
  • Potential Asset Sale: Administrator Cor Cordis is optimistic about an imminent sale of the company’s assets to a new buyer, which could offer some customers a path to completing their orders for an additional fee.
  • Police & ASIC Probes: Queensland Police are investigating a fraud complaint related to director David Biggar. A report has also been lodged with corporate watchdog ASIC alleging breaches of the Corporations Act.
  • Alleged Insolvent Trading: The administrator states Zone RV was likely trading insolvent since September 2024, and possibly as early as August 2023.
  • Reasons for Collapse: Cited reasons include poor financial management, risky expansion, management instability, and reliance on customer deposits to fund operations.
  • Creditor Anger: Customers feel robbed and have criticized the high fees charged by the administrator. Some demand accountability from both the company’s directors and ASIC.
  • Next Steps: Liquidators may pursue public examinations or litigation against former officers to seek compensation for creditors.

新闻简报：Zone RV 将被清算；董事正接受警方调查

总结

债权人已投票决定清算破产的豪华房车制造商 Zone RV。该公司于去年12月倒闭，欠债4200万澳元，导致许多客户支付了款项却未收到房车。警方正在调查针对公司唯一董事 David Biggar 的欺诈投诉。

关键点

  • 清算获批：在周四的会议上，债权人遵循管理人的建议，决定对 Zone RV 进行清算。
  • 客户损失：近150名客户支付了约1500万澳元的进度款，但预订的房车从未建造。
  • 潜在资产出售：管理人 Cor Cordis 对即将把公司资产出售给新买家表示乐观，这可能为部分客户提供一条完成订单的途径（但需支付额外费用）。
  • 警方及ASIC调查：昆士兰警方正在调查一项涉及董事 David Biggar 的欺诈投诉。此外，已向公司监管机构ASIC提交报告，指控其违反《公司法》。
  • 涉嫌破产交易：管理人指出，Zone RV 很可能自2024年9月起就已处于资不抵债的状态进行交易，最早可能始于2023年8月。
  • 倒闭原因：原因包括财务管理不善、扩张冒险、管理层不稳定以及依赖客户定金来维持运营。
  • 债权人愤怒：客户感到被欺诈，并批评管理人在接管过程中收取的高额费用。一些人要求公司董事和ASIC承担责任。
  • 后续步骤：清算人可能会对前负责人进行公开审查或提起诉讼，以寻求为债权人获得赔偿。

Original Article Link: https://www.abc.net.au/news/2026-01-15/zone-rv-in-liquidation-as-police-confirm-fraud-investigation/106227746

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