Inquiries into insolvent Classic Financial Services unearth assets
The administration process of the insolvent estate of Classic Financial Services has yielded ‘numerous assets’, providing a glimmer of hope for creditors.
#Classic Financial Services One
Director’s passport blocked amid efforts to recover Classic’s assets
Claim documents have been sent to creditors as the provisional liquidators take steps to recover assets and secure funds held in the name of Classic Financial Services One.
Criminal investigation into Classic Financial Services and its director gets under way
Investors in Classic Financial Services have been told to wait before filing any further applications for the exclusion of their interest in preserved funds following its liquidation.
Investors who lost money with Classic Financial Services One urged to lodge claims
About R19 million will be forfeit to the state unless exclusion applications are upheld.
