The Australian Securities and Investments Commission (ASIC) has successfully sought Court orders to wind up Capital Guard AU Pty Ltd and appoint independent liquidators to take control of the company.

Capital Guard promoted itself – on its website, in online advertisements, on social media and in online news articles – as a regulated financial services provider that specialised in acquiring and holding corporate bonds on behalf of clients.

The Supreme Court of NSW made the orders on 27 July 2026 to wind up Capital Guard on just and equitable grounds and appointed Robert Kirman and Jacinta Nielsen of McGrathNicol as joint and several liquidators.

The liquidators will take control of the company, investigate its affairs and seek to preserve and recover assets for the benefit of creditors and investors. The liquidators can be contacted at capitalguard@mcgrathnicol.com.

ASIC’s investigation indicates that Capital Guard raised approximately $17.4 million from around 80 investors and that only a small proportion of those funds remained in known company bank accounts and payment platforms.

ASIC previously cancelled Capital Guard’s Australian financial services licence after finding it had engaged in serious misconduct, including promoting a fake Macquarie Bank bond, providing false documents to its auditor and making misleading statements on its website.

ASIC’s investigation into Capital Guard and related persons and entities remains ongoing.

On 14 July 2026, ASIC applied to the Supreme Court of New South Wales to wind up Capital Guard.