News (5)

  • Suleman faces the music over Froggy

    Karl Suleman has finally been forced to face fraud charges stemming from the AU$60 million investment scam based around KSE and the Froggy group of companies.

  • Suleman banned for life

    The Supreme Court today banned failed entrepreneur Karl Suleman from ever managing a corporation, five months after ASIC won a ruling to freeze his assets and prevent him from operating the Karl Suleman Enterprises (KSE) and the Froggy group of companies.

  • Froggy begs creditors: 'Please don't sell us'

    In an attempt to avert the forced sale of Froggy ISP and Froggy Mobiles, John Karasmanis, the man charged with making Froggy profitable, has presented the liquidators with a -business plan" which is understood to include a -compromise of debt".

  • Fifty fired as Froggy gets fried

    It would seem the dam has finally burst for Froggy ISP, as over half the staff at the company's Liverpool call centre had their employment terminated today, according to unconfirmed reports.

  • Asset freeze for Froggy director

    The future of high flying ISP Froggy has been placed in doubt after its director's cash cow, Karl Suleman Enterprises, was placed into voluntary administration last week.

Features and Case Studies (1)

  • One.Tel's final reckoning

    One.Tel backers James Packer and Lachlan Murdoch are unlikely to be tracking the latest career move by insolvency expert Paul Weston, but they know who he is and must dread what he is about to do. Thought the One.Tel legal action was over? Think again.

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