Jamie Wilson linked arms with politicians and celebrities, but behind closed doors a business was marred with problems

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Cryptoloc Nouvelles

Jamie Wilson,Technology,Start-Up

Australian politicians sang the praises of a tech entrepreneur’s startup, but one collapsed company was marred with problems.

Arm in arm with Boyzone singer and X-Factor judge Ronan Keating, the tuxedo-wearing former accountant grinned amid the spotlight of the Cancer Council fundraising ball.

An executive had alleged wages were delayed in 2022 and Mr Wilson told the court: "It is true that on occasion, salary was paid late due to cashflow issues." He recounted the story on Cryptoloc's promotional video, replete with footage of him dining with family or his mother flicking through the family album.

COVID had impacted the business and it posted a loss of $716,000 off revenues of $3 million in 2021, the last time accounts were filed. Another video from seven months ago had Mr Wilson chatting with famed UFC announcer Bruce "It's Time" Buffer about personal brands.For four years, another company of Mr Wilson's had used LNP powerbroker Santo Santoro as a lobbyist, according to federal records.

According to affidavits filed by the former executive, his wages were paid late on roughly eight occasions between June 2022 and November 2022, and he was made redundant due to operational delays two months later.

 

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