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The '''Aboriginal Community Benefit Fund''' (ACBF), also known as '''Youpla''', was an Australian company offered ] targeted at ]. The company collapsed in March 2022, leaving 14,500 customers an estimated ]66 million out of pocket in what was described by the ] as a "slow-moving disaster".<ref>https://www.abc.net.au/news/2022-03-16/all-youpla-acbf-funds-in-liquidation-call-on-government-step-up/100907774</ref> The '''Aboriginal Community Benefit Fund''' (ACBF), also known as '''Youpla''', was an Australian company offered ] targeting at ]. The company collapsed in March 2022, leaving 14,500 customers an estimated ]66 million out of pocket in what was described by the ] as a "slow-moving disaster".<ref>https://www.abc.net.au/news/2022-03-16/all-youpla-acbf-funds-in-liquidation-call-on-government-step-up/100907774</ref>


==History== ==History==

Revision as of 03:35, 27 December 2024

The Aboriginal Community Benefit Fund (ACBF), also known as Youpla, was an Australian company offered funeral insurance targeting at Indigenous Australians. The company collapsed in March 2022, leaving 14,500 customers an estimated A$66 million out of pocket in what was described by the ABC as a "slow-moving disaster".

History

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References

  1. https://www.abc.net.au/news/2022-03-16/all-youpla-acbf-funds-in-liquidation-call-on-government-step-up/100907774