Investment scheme collapse leaves families out of pocket

RAJEEV KUMAR: Mortgage broker, financial advisor, accountant - so he knew everything. That's the money sitting here, there's no money sitting here. That’s the loan we have, mortgage we have.YOGITA PATEL: One of my friend, they told me if you are looking for the house and everything, this person is good for the mortgage advice.

EMILY BAKER: Yogita worked hard to save for her family home. In 2013, she turned to Kris Agrawal for help. EMILY BAKER: Mirzan Mansoor has been appointed external administrator of five of the companies associated with Kris and his wife Shashi, accounting for $38 million of the missing money. It brings the couple’s total debts to more than $80 million - administrators are trying to work out what can be clawed back, and how.

EMILY BAKER: The corporate watchdog ASIC is investigating possible breaches of corporations law and confirmed the Agrawal's companies are of interest to the agency.

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