Imagine investing your hard-earned money in a luxury caravan, only to find out the company has collapsed, leaving you with nothing but debt and broken promises. This is the harsh reality for nearly 150 customers of Zone RV, a once-promising caravan manufacturer based on the Sunshine Coast. But here's where it gets even more shocking: police are now investigating fraud claims against the company's director, David Biggar, adding a layer of scandal to an already devastating situation.
In December 2025, Zone RV plunged into administration, revealing a staggering $42 million debt. The final blow came on Thursday, when creditors voted to liquidate the company during a tense 3-hour virtual meeting attended by up to 100 anxious customers. The decision followed a recommendation from administrator Cor Cordis, who cited 'poor financial management,' 'risky expansion,' and 'periods without leadership' as key factors in the company's downfall. And this is the part most people miss: Zone RV was allegedly trading while insolvent as early as September 2024, if not August 2023, raising serious questions about corporate accountability.
For customers, the situation is dire. Approximately $15 million in progress payments for unbuilt caravans has been lost, leaving many financially strained. While Cor Cordis partner Rahul Goyal expressed optimism about an imminent sale of the company's assets to a new buyer, this comes with a catch. Customers may need to pay an 'additional fee' to have their orders completed, a bitter pill to swallow for those already out of pocket. Is this fair? Or is it another example of customers bearing the brunt of corporate mismanagement?
The controversy deepens with the involvement of Queensland Police, who confirmed an ongoing fraud investigation into David Biggar. A report lodged with ASIC alleges Biggar breached the Corporations Act, with liquidators potentially pursuing public examinations or litigation to seek compensation for creditors. Biggar has not responded to requests for comment, leaving many to wonder: What really happened behind the scenes at Zone RV?
As the saga unfolds, one thing is clear: this isn't just a story about a failed business—it's a cautionary tale about trust, transparency, and the human cost of corporate failure. What do you think? Should customers be forced to pay more to salvage their investments, or should the burden fall elsewhere? Share your thoughts in the comments below.
