Last year it was Kate Moloney, the 2012 Property Investor of the year who, at the age of 24, went bust after speculating on property in the mining town of Moranbah in Queensland, and was left owing $5.8 million on property worth $2.3 million.
Now, its a similar story for two brothers that rode the wave of the Pilbara property boom to become multimillionaires, but are now also facing possible financial ruin. From The West Australian: