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0.General, 5.Troubled companies

23 Jan 2013 (AFR) – Wickham clients chase racehorse Boomalicious

(23 Jan 2013, AFR, p3, Patrick Durkin and Matthew Cranston)

‘The Australian Securities and Investments Commission has asked a court to freeze the assets of the financial planner behind the $27 million collapse of Wickham Securities, including his wife’s stake in a four-year-old racehorse named Boomalicious.’

‘More than 300 self-funded retirees are at risk of losing up to $27 million after investing in Brisbane-based Wickham Securities. The property developer lender was run by Queensland financial planner Brad Sherwin and his brother-in-law, Peter Siemons.’

Read more at AFR.com (might need AFR login access)

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