Saddleback Buyer Arrested

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Sebastian being interviewed at Saddleback on June 18th, 2017 after announcing his company would buy the ski area. The sale has still not been completed.

Sebastian Monsour, CEO of the Majella Group, has recently been arrested for fraud by misusing $5 million. His arrest followed a raid of his office in Brisbane, Australia.

A “long and protracted investigation” went into action before his arrest, said the Queensland Police. The police are also trying to determine how the money was used. They say it is unlikely the money will be recovered.

As of right now, it is still unknown if Saddleback will open to the public ever again, although many are hopeful.

For the full report on whats been going on at Saddleback, click HERE.

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