The regulator and the company allege that vast sums of Dubber’s cash – raised from shareholders around Australia – was used between 2018 and 2024 to provide short-term loans to Madafferi’s often colourful clients.How? I forget when the trust fund was first mentioned however was quite recent. Certainly there was never any mention of Christopher William (Madafferi) being legal for dubber. Other legal was listed before their omission from last annual report . Certainly no mention trust going back to 2018 from what I saw. So how would this these transactions been hidden otherwise? Really hard to conceive none of board had any idea. Better leave this one for ASIC. Looks like a bloody enormous investigation with lots yet to come
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