'I'm no Skase': Inside Mayfair's investment pitch

The regulator's role is to uphold the ASIC Act and Corporations Act. Their role is not to monitor wholesale investors. An individual either qualifies (and their accountant confirms they qualifiy)...More

This client was one of over 500 clients who were satisfied with their commercial relationship with Mayfair 101 until ASIC attacked the group shortly after this article being published.

Mr McCormick's views are a question of law, not of Mayfair's business. Mayfair complied with its statutory requirements to only accept monies from wholesale clients.

Most of the attendees had about 20+ years more commercial experience than the journalist. They understood they were lenders and not actual investors in specific projects. It is a shame the...More

There was no spaghetti bowl. The journalists had never interviewed Mr Mawhinney or any staff member, and not seen a corporate structure diagram, and therefore was in no position to make this...More

This demonstrates how the journalists mischaracterised Mr Mawhinney as a 'marketing maven' when they had full knowledge of his formal qualifications.

Mr Mawhinney's formal qualifications are in Law and Commerce.

The requirements of the role were clearly set out. The staff member was notified they failed to meet their targets. There was no basis to bring the claim.

There was no evasive conduct. The one and only time Mr Mawhinney has been to Fair Wark was in relation to a sales representative who was terminated because they did not achieve sales targets. It...More

Mr McGowan did not do his research on Mr Mawhinney's qualifications, which are a Bachelor of Law and Bachelor of Commerce with an Investment Finance major. It appears Mr McGowan doesn't hold any...More

This is because Mayfair 101 was not operating a funds management business. Mr McGowan failed to appreciate this critical point.

Mr McGowen is a failed fund manager that became a journalist. He was in no position to comment other than in an entirely speculative capacity.

This was a quote by NAB's director Mr Peeyush Gupta. Mayfair 101 contacted Mr Gupta to see if he made this quote in relation to Mayfair 101 considering it was positioned high up in the article with...More

The journalists have micharacterised Mayfair 101's private equity portfolio which comprised approximately 25 distinct investments at the time. A significant portion of the portfolio was Australian...More

A risk warning was provided. The journalists have mischaracterised what was a normal disclaimer.

This is why the regulator's action against Mayfair 101 did not make any sense.

The "some" Mr Shapiro refers to is the person who was seated next to him at the event Mayfair held in Sydney on 26 November 2019 - Domenic McCormick.

This quote highlights the journalists' lack of knowledge about Mayfair 101. Mayfair Platinum did not offer funds! Our group never charged anyone to manage their money. There is a distinct...More

Mr Mawhinney did not say 'I'm no Skase' at the event. We have this on video. The journalists have misquoted him to create the impression he was the equivalent of international fugitive Christopher...More