Collapsed super fund manager claims $200m was swiped for rooftop pools and supercars

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Source: The Age
Published: 2026-09-17 11:45 UTC+10:00
Section: National / Victoria
Factuality Score: 100
Opinion Category: Neutral
Topics: Australia, Financial Markets, Property & Housing
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Snippet:
The former operator of the collapsed Shield Master Fund is suing his builder for $200 million, alleging investor money that was intended for developments was used to buy flashy cars and high-end property.
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