Meet Terry Paule

The "If it didn't happen, you wouldn't believe it" continues.

Terry Paule is now the FORMER Findex Chairman but still remains the self described "inspiring leader and wealth of knowledge and experience", who was found guilty of breaching his fiduciary duties as a director by a NSW Supreme Court.

Is that why he is no longer a Director of Findex?

Why would the inspiring leader no longer be
on the board? 



As we know he thought the courts decision can't be right and there was no way he was going to hand over one cent to the poor victims and real, actual founder of Botanical Water Technologies. With all his "wealth of knowledge" he choose to waste the courts time and a lot of his money appealing to any court he could.

So now he's done a Part X or Personal Insolvency Agreement. As the court noted, he's gone from owing nobody other than a few debts to $371,519,139.07, all but $200k incurred in the last 2 months Hmm.... AND $200m of which is the debt owing to "ex-wife" for a divorce that occurred in 2016, but continued to live together.... Hey look, there is a debt for litigation in November 2025 for US$93,000,000 to a company owned by his secretary, who also lent him $15,000 at the same time. I can't make this up! I'm sure it meets the Crimes Act 1958 (s314) and Oaths & Affirmations Act 2018 (s36)

Exert from the judgement today below. You can read the whole judgement here:  https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2025/2025fca1590