Alpari UK bankruptcy update: 79 cents on the dollar to be refunded as KPMG fees top 10 millio
It has been more than 19 months since the bankruptcy of FCA-regulated retail forex broker Alpari UK, and things arent totally unwound quite yet.
Special Administrator KPMG reported that it now expects Alpari clients to eventually receive back 78.3 to 79.7 cents on the dollar when all is said and done from the Estate, or about $77 million.
To date (through to July 18), $51.3 million had already been returned.
So what happened to all the other money?
https://www.leaprate.com/2016/08/alp...op-10-million/
It has been more than 19 months since the bankruptcy of FCA-regulated retail forex broker Alpari UK, and things arent totally unwound quite yet.
Special Administrator KPMG reported that it now expects Alpari clients to eventually receive back 78.3 to 79.7 cents on the dollar when all is said and done from the Estate, or about $77 million.
To date (through to July 18), $51.3 million had already been returned.
So what happened to all the other money?
https://www.leaprate.com/2016/08/alp...op-10-million/