Sucking off the Teat
When Tucker was
sucking off the teat of Equititrust and pocketing legal fees aplenty, his ability to put the blinkers on when it came to McIvor's
malfeasance with the regulator ASIC, investors and borrowers was of
epic sycophantic proportions...
Yet, when he saw that the fee's were going to dry up due to his conflict of interest as director all of a sudden
Tucker's blinkers came off and McIvor was the devil incarnate... McIvor is a scumbag of epic proportions for what he has done to countless innocent victims but Tucker's oh so
malleable stance on ethical issues knows no bounds.
Take for example his proclaimed welfare for investors of Equititrust back in
2011 filing affidavits against McIvor for going against the interests of investors, then lo and behold
his about face on his
dirty little deal with Kennedy on the BOSI Debt. Not so much concern about investors in hiding his and Kennedy's identity in a little
Money
Spinner called
MS Asia...
Worrells saw all of this and went along with Tucker and Kennedy and acted as receivers WTF...
Tucker instead of acting "only" as a lawyer
became entrepreneurial with the lives of innocent elderly Australians who actually worked honestly and ethically to earn that money...
So when you read back and see Tucker pointing at McIvor and his ill deeds one has to question his actions in the deal subject to public examination by the Liquidator at the moment.
Further given where this investigation is heading, there needs to be an investigation by the regulator of the
role Tucker had with Worrells on other appointments... I'm Sure Messer's McCart, Barrett and Roberts as well as many others subject to the
Tucker Worrells team up on insolvency matters would agree...
An
example of the manner in which Tucker conducted himself was reported in the Australian by Anthony Klan on 15 March 2017
"Fronting examinations in the Federal Court in Sydney yesterday, retired property developer William Hayes said he had borrowed “about $30m” from Equititrust but his businesses soured and he was unable to repay the debt.
Mr Hayes said he had been contacted by Mr Kennedy and Mr Tucker, who were enforcing outstanding debts, and made to leave his $2m home on Sydney’s northern beaches. He said Mr Tucker, who had flown from Brisbane to Sydney to check the home had been left in an appropriate condition for sale, said he and Mr Kennedy had bought the Equititrust Income Fund loan book and were “looking to wring as much from it as we can”.
“It was galling for me that he would come down and act like a smart arse when he was taking my house from me,” he said."
http://www.theaustralian.com.au/bus...m/news-story/b1a0d0d03d1c14d5ab15bd624016713d
So here we have Tucker and Kennedy
directly contacting the borrower and Tucker flying to Sydney
to harass an old man ??? WTF
Why wasn't
Worrells doing this work as the receiver ??? Were they a puppet and not independent. They let Tucker and Kennedy interfere and do what they want, wearing whichever hat they wanted...
The extent of the greed is palpable, wanting to
ensure his golden goose was intact Tucker personally flew to Sydney...
In what capacity was he acting, a shareholder of MS Asia ? , A lawyer acting for the receiver Worrells ? A concerned advocate of Equititrust investors ? Tucker was wearing many hats with a no f#cks given attitude to conflict of interest and Worrells were his accomplice...
If this is an example of how insolvency works then there needs to be another Senate Inquiry as the public will lose all faith in the system...