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ASIC deepens investigation into Magnolia founder

The Federal Court has extended the travel ban on Magnolia Capital's founder as he faces an ASIC investigation that alleges $40 million of investor money has gone missing.

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Read more: Magnolia CapitalASICMitchell AtkinsMagnolia Equities III FundThe Agency GroupGuildfords Funds ManagementMagnolia Direct InvestmentsMagnolia LendingMagnolia Wealth