Australian (ASX) Stock Market Forum

Equititrust?

Status
Not open for further replies.
Jump to new
Tucker accuses Jim Raptis of being a habitual insolvent, yet the last time I checked he never trousered elderly retiree investors money and stashed it overseas, then pretended to not know where it is...

Tucker on the other hand went to great lengths to conceal the unholy deal he was involved with.

If there was nothing to hide why not declare the interest and keep everything transparent ? ? ?


No Trust said:
This part really made us all laugh and cry... Poor old “Davey Boy” didn’t realise that the transcript would ever be made public...

Acusing others of extortion, calling people insane, abusing developers and banks, all bodes well for his future...

Like a chained animal lashing out in the Federal Court Witness Box, the stress and EXPOSURE may be getting to some...

View attachment 85623
Click to expand...
 
Did Tucker other wise known as “King ConFlict” feel any sense of professional obligation to the company as his client.
It’s clear his fiduciary obligations as the company lawyer and director overlapped.

His duty to disclose the proposed purchase of the Bank of Scotland Debt to the liquidater applied to him as both a director and a supposed lawyer...


“At this point, the duties of solicitors who are also directors substantially overlap. The control they exert over their client’s assets – if exploited – will excite statutory liability in both their corporate and professional capacities. If they are found to have acted dishonestly, no grant of relief will be available.“

http://www.austlii.edu.au/au/journals/UTSLRS/2016/19.html
 
Given the current reporting by the Courier Mail and recent revelations many have drawn the conlusion that Tucker was just a wannabe McIvor copying his lifestyle choices and also wanting to be a money lender...

Given his harsh words about McIvor in the Federal Court some might come to the conclusion that Tucker may have a few too many Roo’s in the top paddock for ever entertaining the MS Asia deal, which many agree looks dodgy as hell... Hang on wait Tucker has turned into McIvor...

Even the hair colour is morphing...

Following in McIvor’s footsteps is a one way trip to the financial bone yard... #Karma ...
 
This scandal is going to morph into a political issue... Are these “Liberal Party” values ???
 
Given the Tucker’s lifelong association with the Liberal Party, maybe pressure needs to be applied at both a state and Federal level outlining how Equititrust investors were dudded...

The political climate is right for this matter to be put under the noses of politicians to go on the record and denounce deals which enrich lawyers and former directors of funds where elderly Australians were financially raped...

Retiree’s lose the lot while the lawyers do secret deals... This will not go unpunished...

Tucker and Kennedy put themselves into the spotlight...
 
Many moves afoot in the background relating to the recovery of EPF funds... Further explosive revelations to surface soon...
 
Tucker said that he was advised by “the receiver” that the return on the EPF assets would be upwards of $2M... Which receiver was he referring to ?

Tucker as usual has been opening his cake hole around town to his own detriment...
 
It seems the Liquidators are going to wring as much out of Tucker as they can...

A new storm front is developing for Tucker and Kennedy, one which does not involve the Liquidator directly but does involve their input on any alleged improprieties...
What a Wicked web we weave when we set out to deceive.
 
The depths that Tucker is willing to go, know no bounds...

Having concocted a secret scheme to enrich himself to the tune of millions of dollars, off the back of Equititrust investors, with Kennedy, another director and former CEO, he then has the temerity to go to the “company’s” insurance policy to cover the cost of being sued due to his own malfeasance...

Tucker sucked the golden teat of Equititrust for over a decade then f#cked the vulnerable investors over to only go back and ask to be covered by Equititrust’s directors and officers policy...

The gall to actually attempt to do this is gobsmacking...

Even his own law firms insurers rejected him... That’s saying something...

It’s no wonder he’s threatening to declare bankruptcy in the event of a judgement against him...
229CAA15-9DEE-490C-B074-58C878215962.jpeg
 
Given the above mentioned revelations regarding Tucker’s insurance woes, his exit from Tucker and Cowan to become a “so called” consultant at the firm, starts to make sense.

The insurers of the firm didn’t exactly like his current predicament of being the subject of aggressive litigation by a Liquidator...the insurers must have thought... WTF is going on... Why is he bending the knee and coming grovelling to us... SOMETHINGS WRONG HERE.

They rightly said f#ck off Tucker, you created this abyss for yourself, you go and pay your own costs...

Putting Tucker on the bench may have been the logical option for Tucker and Cowan as I’m sure their insurance costs would have gone through the roof by having Tucker remain as a partner.

However is doesn’t end here. The coming weeks and months will make for interesting reading...

Get your popcorn...
 
it appeared the liquidator investigation is centered on Tucker and Kennedy at the moment. What happened to the squandered millions of investors/retirees fund that ended up in McIvor's pocket and his super? Considering the liquidator was appointed by McIvor, hopefully the current sage is not just smoke screen to divert attention.
 
It’s good to see the Courier Mail Digital Edition detailed Tucker’s threat to declare bankruptcy... Following in McIvor’s footsteps yet again...


C2A5600E-DB57-4069-92C7-A2BE4758785E.jpeg

B04314A2-85C2-4AAC-8B9C-956E5E9A15BA.jpeg
 
It’s still before the Federal Court..

McIvor hasn’t been let off the hook yet, at least not by me...


Just Observer said:
it appeared the liquidator investigation is centered on Tucker and Kennedy at the moment. What happened to the squandered millions of investors/retirees fund that ended up in McIvor's pocket and his super? Considering the liquidator was appointed by McIvor, hopefully the current sage is not just smoke screen to divert attention.
Click to expand...
 
Tucker it seems is very weak in the underbelly at the moment as he never in his wildest dreams thought the Courier Mail would ever get a hold of the Federal Court Transcript of his Public Humiliation...

His threat to declare bankruptcy in an affidavit may be the stupidest thing he’s ever done. As insurers, banks etc look upon this as a fait accompli.

Stress induced behaviour can be detrimental to ones finances and hair pigmentation it seems...

6428A467-CB50-4DA4-861A-34ED6A00BA49.jpeg
 
Status
Not open for further replies.
Top