Youpla directors disqualified over collapsed funeral fund that targeted Aboriginal families

Three directors were fined a combined $90,000 in federal court judgment and disqualified from managing a corporation for between five and 10 years Get our breaking news email , free app or daily news podcast Three directors of a collapsed funeral fund that marketed insurance to Aboriginal families have been banned from managing corporations for at least five years and ordered to pay a combined $90,000 after being found to have breached their duties to clients. On Wednesday, federal court justice Geoffrey Kennett ordered the former director of the insurance company Youpla Group, previously the…

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