Investment scheme leaves families $60 million out of pocket

A complex structure of companies linked to Sydney-based financial adviser Kris Agrawal and his wife Sashi were placed into voluntary administration in August.

A complex structure of companies linked to Sydney-based financial adviser Kris Agrawal and his wife Sashi were placed into voluntary administration in August.

Cathro & Partners, which is acting for three of those companies now in liquidation, identified an additional $44.4 million in debts owed to creditors, bringing the total debts owed by the Agrawals to over $80 million.

SERVICES

Services

Recent Articles

For decades, one of the most reliable wealth extraction strategies in Australia has been the use of a Members’ Voluntary Liquidation (MVL) — the formal solvent wind-up used to distribute a company’s reserves and assets to shareholders — to unlock pre-CGT gains held within corporate structures. The 2026 Federal Budget

For decades, one of the most reliable wealth extraction strategies in Australia has been the use of a Members’ Voluntary Liquidation (MVL) — the formal solvent wind-up used to distribute a company’s reserves and assets to shareholders — to unlock pre-CGT gains held within corporate structures. The 2026 Federal Budget

What does it actually take to build a professional services firm — and sustain its growth over time? In this episode of The Cut, Andrew Blundell speaks with Danny Chiha about the realities of building and scaling a firm from the ground up. From early beginnings working from a dining

What does it actually take to build a professional services firm — and sustain its growth over time? In this episode of The Cut, Andrew Blundell speaks with Danny Chiha about the realities of building and scaling a firm from the ground up. From early beginnings working from a dining

Let’s be clear — fraud is not a reflection of a charity’s values. Australian charities operate in a position of significant trust. They safeguard public funds, deliver essential services and support some of the most vulnerable members of the community. At the same time, many operate in complex, high-trust environments

Let’s be clear — fraud is not a reflection of a charity’s values. Australian charities operate in a position of significant trust. They safeguard public funds, deliver essential services and support some of the most vulnerable members of the community. At the same time, many operate in complex, high-trust environments