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Former reality television star faces liquidator pursuit over Australian company collapse

New financial documents show creditors are owed over 900,000 dollars following the failure of a business run by self-help guru Felicity Morgan.

FTMQ News, written by our newsroom0 views

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Picture: Daily Mail

Former reality television star Felicity Morgan is being chased by a liquidator after her Sydney-based company collapsed, according to the Daily Mail. Fresh documents from the Australian Securities and Investments Commission reveal that creditors are owed more than 900,000 dollars following the failure of her venture. [1]

The Daily Mail reported that the company, named Felicity Morgan Coaching, previously operated out of Cronulla in the south of Sydney. Financial records show that only three cents currently remain inside the bank account of the collapsed business. [1]

Felicity Morgan paid herself more than one million dollars from company funds before the enterprise went bust last year, according to the Daily Mail. She failed to repay the full sum owed to her creditors after the collapse. Morgan continues to share a luxury lifestyle in Bali on social media platforms, while insisting that she is cooperating with the liquidation process. [1][3]

Bali is an Indonesian island and province situated directly to the east of Java, which serves as the primary tourist destination for Indonesia. Felicity Morgan previously described herself on social media as a multi-million-dollar entrepreneur and business savage, the Daily Mail reported. [1][3]

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In short

  • Australian Securities and Investments Commission documents show creditors are owed over 900,000 dollars by Felicity Morgan's former company.
  • Only three cents remain in the bank account of Felicity Morgan Coaching following its collapse.
  • Felicity Morgan paid herself more than one million dollars from the company account prior to the business failure.
  • Felicity Morgan states that she is cooperating with the liquidator while living in Bali.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]Down to the last three cents: The spiralling debts behind expat Felicity Morgan's luxury Bali life as fresh documents reveal the wreckage she left behind - and she insists: 'I'm cooperating'Daily Mail, 1h ago (the report this story comes from)

Background

  1. [2]Felicity Jones on Wikipedia
  2. [3]Bali on Wikipedia
  3. [4]Bali on Grokipedia
  4. [5]UK government documents suggest potential dynamic surge pricing on long-distance trains FTMQ News, 4h ago
  5. [6]Declassified documents expose Jeffrey Epstein's global network of influence FTMQ News, 26d ago

Our newsroom writes these reports with the help of software, from the 6 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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