- Asic.gov
‘In Justice Anderson’s decision, we hear loud and clear the voices of eight Australian investors who’ve lost hundreds of thousands of hard-earned savings.
Mayfair 101None of them have lost money. No write-offs or write-downs have occurred. The notes exist. This is a fundamental characteristic of debt which ASIC and Ms Chester has not appreciated.
FalseMisleadingMistaken - Asic.gov
The responsibility for the losses and the egregious harm to investors is, as the judgment makes clear, all down to the contumelious actions of Mr Mawhinney.’
Mayfair 101This statement should be retracted by Ms Chester and ASIC. ASIC's attack on the group is what has caused harm and this is becoming more obvious as time has passed. Mayfair 101 and our lenders ought...
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Asic.govthe business models for these products were flawed from the outset
Mayfair 101Borrowing money to finance business growth is not a flawed business model. It happens every day around the world, including in Australia.
FalseMisleadingClarification
