Ray Williams (businessman) - Wikipedia
HIH collapse. In 1968, Williams was a co-founder of "M W Payne Underwriting Agency Pty Ltd", which over time evolved into HIH Insurance.HIH collapsed in 2001 with debts estimated at up to A$5.3 billion, the largest corporate collapse to that date. On 15 April 2005, Williams was sentenced to 4 years 6 months jail with a non-parole period of 2 years 9 months, after pleading guilty to misleading ...
DA: 40 PA: 53 MOZ Rank: 26