Advertisement
Yahoo

Plot thickens in mysterious saga of Allen Perkins

Reading Time:3 minutes
Why you can trust SCMP

An anonymous reader who goes by the tag 'user' has been sending e-mail messages to about 40 recipients in the media and securities industries critical of the failed financial advisory firm Allen Perkins.

Readers might recall the high-profile firm's fall from grace, including its departure from its Kowloon Tong mansion and the resignation of its motivational boss Elsa Pau.

Attempts to expand into publishing and coffee marketing failed and, well, things went from bad to worse.

Advertisement

Our informant tells us a group of former employees have started legal proceedings to wind up the company.

Apparently, Allen Perkins has been ordered by the Labour Tribunal to pay salaries it owes - the precise claim number is LBTC1046/2002 - but it hasn't. Nothing would surprise us about Allen Perkins, a company where the mysteries have long outnumbered the hard facts.

Advertisement

We asked 'user' what his own interest was in this bizarre episode.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x