Billabong entrepreneur forged signature to obtain $13m loan

By Lorna Brett · 20 September 2011 · Entrepreneur

Billabong entrepreneur forged signature to obtain $13m loan

Billabong entrepreneur embroiled in $13m loan scandal

A high-stakes court battle has come to a head in Brisbane, with a former Billabong executive facing severe consequences for his alleged actions. But what really happened behind the scenes, and what does it mean for the future of the company?

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Summary

The Brisbane Supreme Court won’t assist the Commonwealth Bank (CBA) to recover a $13.5 million loan, after it ruled Billabong entrepreneur Matthew Perrin forged his ex-wife’s signature to secure the money.

Tags: Billabong, Billabong entrepreneur forged wife's signature, CBA, Commonwealth Bank, Entrepreneur, Matthew Perrin, Nicole Perrin