BRITE ADVISORS PTY LTD

Winding up order for Brite Advisory Group Ltd
HK Court of First Instance, 23-Sep-2024
The firm was renamed last week to BAG HK Ltd. We believe it is the top company in the Brite group, which is in trouble in multiple countries including Australia (also being wound up) and USA. The firm belatedly claimed that Mark Donnelly, who acted as CEO and founder, did not have authority to sign the loan from petitioner, Heritage Management Consultancy FZE. The court rejected all the defences.

Federal Court orders Brite Advisors wound up on just and equitable grounds
Australian Securities & Investments Commission, 7-Feb-2024

Global advisory group accused of fund misappropriation
Money Management Australia, 7-Feb-2024

People
- Donnelly, Mark (SFC:ASL794)
- Lymer, John Charles

Federal Court appoints receivers to Brite Advisors
Australian Securities & Investments Commission, 15-Dec-2023

Brite retirement savings manager Mark Donnelly stole David Beckham shirts destined for Perth
West Australian, 13-Dec-2023

People
- Donnelly, Mark (SFC:ASL794)

Brite's boss Mark Donnelly revealed as former English sports manager with criminal past
BNN Breaking, 13-Dec-2023

People
- Donnelly, Mark (SFC:ASL794)

SEC charges Brite Advisors USA, Inc. with custody rule violations and disclosure failures
US SEC, 21-Nov-2023

Federal Court freezes funds and assets of Brite Advisors
Australian Securities & Investments Commission, 27-Oct-2023

Connaught West Ltd v Global Fiduciary Solutions Ltd & others
HK Court of First Instance, 7-Jan-2019
The court grants the plaintiff a preservation order after funds had been transferred to a bank account of Churchill Nominees (Hong Kong) Ltd and to a brokerage account of Brite Advisors Pty Ltd.