Ray Williams (businessman)
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Ray Williams (businessman)
Raymond Reginald Williams (born 1937) is an Australian businessperson and corporate criminal. In 2005 he was imprisoned for a minimum of two years and nine months for filing false financial statements and failing his duty as a director. After Williams' criminal conviction, charities began removing his name from their donor plaques, and his award as Member of the Order of Australia was cancelled by order of the Governor-General. HIH collapse In 1968, Williams was a co-founder of "M W Payne Underwriting Agency Pty Ltd", which over time evolved into HIH Insurance. HIH collapsed in 2001 with debts estimated at up to A$5.3 billion, the largest corporate collapse to that date. On 15 April 2005, Williams was sentenced to 4 years 6 months jail with a non-parole period of 2 years 9 months, after pleading guilty to misleading HIH shareholders about the financial position of the company. Williams was also banned from leading an Australian corporation for ten years. Chief Justice ...
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HIH Insurance
HIH Insurance was Australia's second-largest insurance company before it was placed into provisional liquidation on 15 March 2001. The demise of HIH is considered to be the largest corporate collapse in Australia's history, with liquidators estimating that HIH's losses totalled up to A$5.3 billion. Investigations into the cause of the collapse have led to conviction and imprisonment of a handful of members of HIH management on various charges relating to fraud. History In 1968, Ray Williams and Michael Payne formed "M W Payne Underwriting Agency Pty Ltd", which was acquired in 1971 by British company CE Heath PLC. Ray Williams was appointed to the board of CE Heath in 1980. The business operations of CE Heath were subsequently transferred to "CE Heath International Holdings Ltd" in 1989 with CE Heath PLC retaining 90% ownership of CE Heath International Holdings. In 1992, CE Heath International Holdings floated on the Australian Stock Exchange. In 1995, CE Heath Internation ...
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Silverwater Correctional Centre
The Silverwater Correctional Complex, an Australian maximum and minimum security prison complex for males and females, is located in Silverwater, west of the Sydney central business district in New South Wales, Australia. The complex is operated by Corrective Services NSW, an agency of the New South Wales Government Department of Communities and Justice. The complex comprises four separate facilities including Silverwater Correctional Centre (a minimum security prison for males); Silverwater Women's Correctional Centre (a maximum security institution for women and the major reception centre for female offenders in NSW); the Metropolitan Remand & Reception Centre (a maximum security correctional facility for males); and the Dawn de Loas Correctional Centre (a minimum security correctional centre for males). The complex accepts prisoners charged and convicted under both New South Wales and Commonwealth legislation, and serves as a reception prison for inmates on remand or pe ...
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Businesspeople From Sydney
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy The history of Italy in the Middle Ages can be roughly defined as the time between the collapse of the Western Roman Empire ...
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Australian Fraudsters
Australian(s) may refer to: Australia * Australia, a country * Australians, citizens of the Commonwealth of Australia ** European Australians ** Anglo-Celtic Australians, Australians descended principally from British colonists ** Aboriginal Australians, indigenous peoples of Australia as identified and defined within Australian law * Australia (continent) ** Indigenous Australians * Australian English, the dialect of the English language spoken in Australia * Australian Aboriginal languages * ''The Australian ''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatew ...'', a newspaper * Australiana, things of Australian origins Other uses * Australian (horse), a racehorse * Australian, British Columbia, an unincorporated community in Canada See also * The Australian (disambiguation ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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1937 Births
Events January * January 1 – Anastasio Somoza García becomes President of Nicaragua. * January 5 – Water levels begin to rise in the Ohio River in the United States, leading to the Ohio River flood of 1937, which continues into February, leaving 1 million people homeless and 385 people dead. * January 15 – Spanish Civil War: Second Battle of the Corunna Road ends inconclusively. * January 20 – Second inauguration of Franklin D. Roosevelt: Franklin D. Roosevelt is sworn in for a second term as President of the United States. This is the first time that the United States presidential inauguration occurs on this date; the change is due to the ratification in 1933 of the Twentieth Amendment to the United States Constitution. * January 23 – Moscow Trials: Trial of the Anti-Soviet Trotskyist Center – In the Soviet Union 17 leading Communists go on trial, accused of participating in a plot led by Leon Trotsky to overthrow Joseph Stalin's regime, and assassinate ...
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Rodney Adler
Rodney Stephen Adler (born 19 August 1959) is an Australian whose family founded the FAI Insurances group, of which he became chief executive in 1989, and which was at one stage Australia's third largest general insurer. Adler became a director of HIH Insurance after the acquisition of that company, and resigned in January 2001, two months before HIH collapsed. He was jailed in 2005 for his conduct related to the collapse of HIH, where Adler obtained 2 million from HIH by false or misleading statements and being dishonest as a director. Early life Adler is the son of Hungarian Jewish immigrant Larry Adler, who founded the insurance company FAI in 1960. He was educated at Cranbrook School, and later obtained degrees of Bachelor of Commerce from the University of New South Wales and Master of Economics from Macquarie University and is a fellow of the Institute of Chartered Accountants and Adjunct Professor at the University of Technology Sydney. Business Adler was appointed ...
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Seaforth, New South Wales
Seaforth is a suburb of Northern Sydney, in the state of New South Wales, Australia. Seaforth is located 12 kilometres north-east of the Sydney central business district in the local government area of Northern Beaches Council and is part of the Northern Beaches region. Seaforth overlooks Middle Harbour and is linked south to Mosman by the Spit Bridge. To the west, Seaforth overlooks Sugarloaf Bay across to the suburbs of Northbridge, Castlecrag and Castle Cove. The Garigal National Park sits on the northern border.''The Book of Sydney Suburbs'', Compiled by Frances Pollon, Angus & Robertson Publishers, 1990, Published in Australia History Seaforth was named after Loch Seaforth and Seaforth Island in Scotland. The land in this area was once owned by Henry Halloran Henry Ferdinand Halloran (9 August 1869 – 22 October 1953) was a major property owner and developer in New South Wales in the early part of the twentieth century. Halloran was born in Sydney, his fath ...
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Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountains to the west, Hawkesbury to the north, the Royal National Park to the south and Macarthur to the south-west. Sydney is made up of 658 suburbs, spread across 33 local government areas. Residents of the city are known as "Sydneysiders". The 2021 census recorded the population of Greater Sydney as 5,231,150, meaning the city is home to approximately 66% of the state's population. Estimated resident population, 30 June 2017. Nicknames of the city include the 'Emerald City' and the 'Harbour City'. Aboriginal Australians have inhabited the Greater Sydney region for at least 30,000 years, and Aboriginal engravings and cultural sites are common throughout Greater Sydney. The traditional custodians of the land on which modern Sydney stands ...
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Brisbane Times
Brisbane ( ) is the capital and most populous city of the Australian state of Queensland, and the third-most populous city in Australia and Oceania, with a population of approximately 2.6 million. Brisbane lies at the centre of the South East Queensland metropolitan region, which encompasses a population of around 3.8 million. The Brisbane central business district is situated within a peninsula of the Brisbane River about from its mouth at Moreton Bay, a bay of the Coral Sea. Brisbane is located in the hilly floodplain of the Brisbane River Valley between Moreton Bay and the Taylor and D'Aguilar mountain ranges. It sprawls across several local government areas, most centrally the City of Brisbane, Australia's most populous local government area. The demonym of Brisbane is ''Brisbanite''. The Traditional Owners of the Brisbane area include clans of the Yugara, Turrbal and Quandamooka peoples. The Turrbal word for the Brisbane area is ''Meeanjin''. The Moreton B ...
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Businessperson
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern account ...
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