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Regulatory

Court freezes LM Investment Management founder's assets

LM Investment Management founder Peter Drake has had his assets frozen and been forced to surrender his passport by the Supreme Court of Queensland following an application by the Australian Securities and Investments Commission (ASIC).

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Read more: Drake,  ASIC,  LM Investment Management,  Supreme Court,  Queensland,  Australia,  Australian Securities,  Investments Commission,  LM Investment Management founder Peter Drake,  March 2013,  ANZ,  Bentleys,  Gold,  Mermaid Beach home,  October 2013,  Paul Uhlmann,  Regulatory,  Tracy Knight,  William Fletcher