The Australian Securities and Investments Commission (ASIC) has requested orders against the Intertax Group in respect of an alleged unregistered managed investment scheme.
The scheme was allegedly conducted by David Palmer, Max Collins, Philip Trudgeon and companies related to them.
Gerald Collins and Matthew Joiner of chartered accountants Jefferson Collins Joiner have been appointed as investigative accountants to review the scheme and file a report with the Supreme Court of Queensland within 21 days.
ASIC’s application has been listed for hearing at trial on August 24 and 25.
