Di Nardo shifted $2.8m in assets to fiancée weeks before collapse

Anthony Di Nardo transferred his share of two Newcastle properties to his fiancée. Three weeks later he shut down 13 real estate companies. They had traded while insolvent.

Why it mattersAsset transfers before insolvency raise important questions. Will creditors recover anything? Will the director face legal action for trading while insolvent? These questions matter to people who are owed money.

AustraliaThis is Di Nardo's second major liquidation in eight years, affecting Newcastle real estate businesses and creditors; adds to growing scrutiny around director conduct during business collapse.

✓ Claims checked against the source. checked 5 d ago