Police are targeting more assets associated with a businessman serving the longest prison sentence given to any failed finance company director.
Capital + Merchant Finance director Neal Nicholls was jailed in 2012 for eight and a half years after being found guilty on Serious Fraud Office charges and admitting allegations brought by the Financial Markets Authority.
Last year a High Court judge made restraining orders over a term deposit associated with a company Nicholls is the sole shareholder of.
Those orders are still in place but police are now also targeting two properties they allege are linked to the jailed director, lawyer Katie Hogan told the Herald.
Police have applied for restraining orders over funds in a lawyer's trust account,
All the orders sought are under the Criminal Proceeds Recovery Act.