verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . december 2011 learn how and when to remove this template message clive peeters industry retailing fate most stores converted to harvey norman or joyce mayne stores remaining stores closed down . successor harvey norman founded 1973 defunct 2011 headquarters bayswater north victoria australia number of locations 25 stores 2011 clive peeters 17 rick hart 8 area served melbourne bendigo south east queensland mackay perth broome products electrical whitegoods slogan so e e easy website www.clivepeeters.com.au clive peeters was an australian electrical computers kitchens and whitegoods retailer with stores in victoria queensland new south wales and tasmania . under the original owners the first stores opened in melbourne in 1973 and brisbane in 2001 . in 2005 clive peeters bought the rick hart chain of retail stores in western australia however the stores continue to trade under the rick hart name . clive peeters stores carried more than 140 brands and over 20 000 individual models . 1 certain locations were acquired by harvey norman the derni group in july 2010 who will continue to operate both retailers independent of their other major retail brands harvey norman joyce mayne and domayne . contents 1 internal fraud 2 administration 3 new management 4 gallery 5 references 6 external links internal fraud edit in 2009 it was discovered that the clive peeters payroll manager sonya denise causer had defrauded the company by falsely inflating the company payroll expense and then using her company online banking access to transfer the difference between the actual and reported expense to bank accounts she controlled . causer had stolen over a 20 million during the period november 2007 to june 2009 and used the money to purchase 43 properties and 3 cars . the company took civil action to have causers assets transferred to clive peeters . 2 administration edit clive peeters shares ceased trading in the australian securities exchange on wednesday 19 may 2010 after the company brought in mcgrathnicol as voluntary administrators to try and sell off the business . 3 new management edit nik papa was appointed general manager in july 2010 . papa has held senior and key positions at both harvey norman and brashs . citation needed on 11 august 2011 harvey norman executive chairman gerry harvey announced that the clive peters brand was stuffed and tainted beyond repair admitting that it was a bad business decision for harvey norman to take over clive peeters in the first place . as a result 13 clive peeters stores and 5 rick hart stores will be converted to harvey norman stores with the exception of two stores which will be converted to joyce mayne stores with the remaining four clive peeters stores and three rick hart stores being closed down and sold off because of proximity to existing harvey norman stores in those areas . 4 gallery edit a clive peeters store audio visual kitchen appliances whitegoods references edit clive peeters website . company overview . accessed 12 august 2007 . archived august 11 2007 at the wayback machine . carson v and battersby l 2009 12 august 2009 clive peeters left reeling by 20m sting . the age retrieved 23 may 2010 . janda michael 19 may 2010 . not so easy clive peeters brings in administrators abc website retrieved 23 may 2010 . http www.smartcompany.com.au retail 20110811 harvey norman admits mistake on clive peeters investment warns 10 of retailers could shut.html external links edit clive peeters retrieved from https en.wikipedia.org w index.php title clive peeters & oldid 716340259 categories consumer electronics retailers of australia1973 establishments in australiaretail companies established in 1973defunct retail companies of australia2011 disestablishments in australiahidden categories articles with wayback machine linksarticles needing additional references from december 2011all articles needing additional referencesall articles with unsourced statementsarticles with unsourced statements from december 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 21 april 2016 at 06 01 . text is available under the creative commons attribution sharealike license ; 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