Inside the glamorous life of western Sydney's dodgy travel agent couple

FIRST ON 7: The founders of a collapsed western Sydney travel agency that ripped off thousands of customers enjoyed a lavish lifestyle of parties and functions, a 7News investigation reveals.

Value World Travel Founders Neni Tiwary and partner Gargi are one of Sydney's most glamorous Indian couples.

For his 33rd birthday in 2006, Neni was treated to the performances of a swathe of male and female dancers, and an Elvis impersonator to boot, in a lavish party in Parramatta.

Value World Travel Founders Neni Tiwary and partner Gargi are one of Sydney's most glamorous Indian couples, shown here in 2006. Photo: 7News
Value World Travel Founders Neni Tiwary and partner Gargi are one of Sydney's most glamorous Indian couples, shown here in 2006. Photo: 7News
Exotic dancers helped Neni celebrate his 33rd birthday. Photo: 7News
Exotic dancers helped Neni celebrate his 33rd birthday. Photo: 7News
Neni's birthday party in 2006 featured an Elvis impersonator. Photo: 7News
Neni's birthday party in 2006 featured an Elvis impersonator. Photo: 7News

"They are indeed quite glamorous, the way they dress they way they talk,” Subba Rao Varigonda from the United Indian Association said.

Last week, Value World Travel collapsed after the the company collapsed leaving thousands of travellers out of pocket.

Victims paid upfront for airfares totalling millions.

Neni Tiwary and partner Gargi founded Value World Travel and have since been banned from being the company's directors after ripping off thousands of customers. Photo: 7News
Neni Tiwary and partner Gargi founded Value World Travel and have since been banned from being the company's directors after ripping off thousands of customers. Photo: 7News
Neni Tiwary and Gargi have enjoyed a lavish life of parties. Photo: 7News
Neni Tiwary and Gargi have enjoyed a lavish life of parties. Photo: 7News

"It's really upsetting, I never could dream that this could happen in Australia,” victim Jose George said.

In January, ASIC banned the pair from managing any company after the collapse of two other businesses.

They were found to have "failed to exercise their duties as directors and… take reasonable steps to control the companies financial affairs."

Neni and Gargi share a moment at their all-out party in 2006. Photo: 7news
Neni and Gargi share a moment at their all-out party in 2006. Photo: 7news

Neni and Gargi are no longer listed as directors of Value World Travel on company documents.

However, Neni has remained close to the company he founded.

Neni represents Value World Travel at functions such as Miss India Australia and in recent business emails obtained by 7News.

Neni's partner Gargi partying in 2006. Photo: 7News
Neni's partner Gargi partying in 2006. Photo: 7News
The travel agent founder is known to be a 'glamorous' member of the Indian community in western Sydney. Photo: 7News
The travel agent founder is known to be a 'glamorous' member of the Indian community in western Sydney. Photo: 7News

Fair Trading and the liquidator have been attempting to speak with the couple.

7News visited a house connected with them, but those inside would not answer the door.

If you know more, get in touch, email investigations@seven.com.au.

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