Yes exactly possum...
Among the debts listed were:
$275,000 owed in "gentlemen's agreements" with three friends.
$200,000 to to a friend in a contracted agreement due for payment on 30 June, 2012.
$90,000 to another friend in a contracted agreement due for payment on 30 June, 2012.
$75,000 to a business associate.
$15,000 in outstanding franchise fees to Century 21 Australia.
$45,000 credit card debt.
$58,000 to his parents. (identified through a financial analysis ordered by police).
http://www.brisbanetimes.com.au/que...d-badenclay-20120626-210bz.html#ixzz1yx6DAxTy