Ron Bakir was declared bankrupt in June 2002. The bankruptcy was discharged in October 2003. Officially, he is only an employee of the Mad Ron group of companies and has no management role.
He started several companies in Australia, with complex intertwining ownership arrangements. The most prominent of these were the Crazy Ron’s and Mad Ron’s group of companies. "Crazy Ron's" was forced to change its name to "Mad Ron's" after a legal challenge from a rival mobile phone retailer, Crazy John's. Crazy Ron’s Communications (CRC), went into liquidation as of May 3 2005.
Imagine if this was the guy was calling the shots for your daughter after being charged for possession whilst sitting in an overseas gaol.
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