Former Billabong CEO Matthew Perrin is now being charged with “defrauding the Commonwealth Bank of $13.5 million,” according to a story in The Australian.
The charges relate to Mr Perrin allegedly forging the signature of his former wife, Nicole Bricknell, on documents where he used the value of a house he and his then wife owned jointly at Surfers Paradise on the Gold Coast to obtain a loan of $13.5m from the Commonwealth Bank in 2008. . . Mr Perrin, 40, filed for bankruptcy in March 2009 with debts of $28.2m to 20 unsecured creditors, but he had previously spent four years on the BRW Rich List with his wife, recording a peak value of $151m in 2002 when he was 30.
Perrin is out on bail, however, he has apparently had his passport confiscated.
[Link: The Australian]
