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Unrivaled of Australia's biggest and well-nigh controversial property developers, Toplace, has collapsed into organisation. 

The company's founder, Jean Nassif, is believed to get fled abroad and is precious by NSW Constabulary ended fraud-related charges.

Toplace Group has been described as unmatched of Australia's largest in camera owned maturation and building companies.

Its ruination is expected to touch thousands of apartment buyers and contractors crossways Sydney with respective projects presently under expression.

Toplace break Jean Nassif (envisioned with wife), is believed to take fled oversea and pagar beton precast is precious by NSW Law all over fraud-related charges

The accompany crock up comes later Nassif was finally workweek banned from operational.

Antony Resnick and Suelen McCallum of DVT Aggroup were prescribed as voluntary administrators for the company's construction limb on July 7.