Taking the Sere-piss-os

Bankrupts aren’t supposed to travel, normally, that is unless you are the supposedly bankrupt Terry Serepisos.

The Official Assignee has failed us, as they often do when confronted by master manipulators, psychopaths and crooks.

Models, international travel and erotically charged parties. Former Wellington property tycoon Terry Serepisos isn’t letting bankruptcy slow him down.

Mr Serepisos has been photographed this month in a high-end Prague hotel and on a horse-drawn carriage with a former Miss Universe NZ contestant.

He has also attended celebrity-studded parties and driven expensive cars, all while technically insolvent. When contacted about his trips yesterday, Mr Serepisos hung up on The Dominion Post.  

He used to run a vast property empire and own the Wellington Phoenix football club, and starred in television showThe Apprentice New Zealand.

But in September 2011, his debts finally caught up with him and he was declared bankrupt, owing more than $200 million.

His official assignee, who has the legal power to manage Mr Serepisos’ bankruptcy, has completed an investigation into his affairs and confirmed there is no money left to pay his personal debts.

Yesterday, a spokesman for the assignee confirmed Mr Serepisos was given leave to travel to Greece, Los Angeles and Fiji this year. Last year he was allowed to travel to Los Angeles.

“Some of these were for personal reasons and others were as attempts to resolve bankruptcy debts,” he said.

“All travel was paid for by third parties, so creditors were not disadvantaged.”

The last line is complete horseshit. These guys hide everything, then when out of bankruptcy miraculously start drining the car thy claimed was repossessed and start selling houses they never owned…I mean seriously…we need a good hard look at the quality of staff at the Official Assignees office.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.