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Rickhil Prakash’s Real Estate Collapse | Auckland News
Rickhil Prakash’s sprawling real estate empire is officially collapsed, with over $31.5 million in alleged debt across eight companies, including his own Hills Real Estate agency. Liquidators allege he siphoned $6 million before the collapse and are now pursuing legal action, including a High Court case next year, to recover assets and hold him accountable for alleged breaches. Most of the debt stems from unpaid taxes, especially GST from property sales, leaving taxpayers as the biggest losers in this massive financial unraveling. Listen in comfort:Get a discount on a Soli Pillow…
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