Administrators Report, page-246

Also a much longer and more detailed article. Can't copy full article here as it's behind paywall.

Seems that Mr Ho was blindsided just the same as we all were. Unfortunately Richard also spun him the same lies that we all got, the only difference was he received his lies slightly earlier than the rest of the market. It apears he wasn't aware of the true nature of the Finstro funding and leveraged heavily with options and shares. I actually feel sorry for him, his life has been ruined.

https://www.copyright link/markets/equity-markets/he-had-the-world-at-his-feet-until-he-got-greedy-with-big-un-20200305-p547df