Former Billabong boss to take stand in fraud trial

The former CEO of surfwear giant Billabong, Matthew Perrin, will finally take to the stand as his fraud trial continues in the Brisbane District Court.

Perrin is accused of fraud and forgery after allegedly faking his wife’s signature on bank documents back in 2008.

It’s alleged he used their Surfers Paradise home as security for $13.5 million Commonwealth Bank loan which he was using to fund his failing business investments.


His now ex-wife, Nicole Bricknell, took to the stand earlier in the week, accusing him of mortgaging the $15 million waterfront property on Cronin Island behind her back.

She insisted she “never ever” gave him permission to sign on her behalf.

Perrin is also accused of faking his brother Fraser Perrin’s signature as a witness on the paperwork.

He denies nine charges of forgery and three of fraud.

The prosecution has closed its case and Perrin is due to give evidence on Thursday morning.