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Investment

RNY unitholders left unpaid after Aurora scandal

Many unitholders in the RNY Property Trust have yet to be compensated following the takeover by Aurora Funds Management, whose chief financial officer was terminated after $1 million vanished from a listed Aurora trust last weekend, and ASIC has so far declined to intervene.

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Read more: ASIC,  ASX,  Aurora Funds Management,  RNY Property Trust,  WAM Capital,  Aurora Fortitude Absolutre,  Aurora Property Buy-Write Income Trust,  Betty Poon,  CFO,  Financial Standard,  Francis Sheehan,  Friday,  Geoff Wilson,  many RNY,  Molopo Energy,  Monday,  RNY Australia Management,  RXR Realty,  Victoria Police,  Wilson Asset Management