Mayfair global precedent
The court ruling that Mayfair 101 engaged in false online advertising breaks new legal ground, after reporting by The Australian Financial Review that first questioned Mayfair’s investment product spruiking.
March 24, 2021
- Australian Financial Review
Now Mayfair’s James Mawhinney is using the Twitter digital sewer to personally attack Financial Review journalists who led our coverage of his fund.
Mayfair 101This statement highlights how badly the journalists did not understand Mayfair's business model. It was not a fund! In fact, Mayfair never charged anyone to manage their money. The journalists...
FalseMisleadingMistaken - Australian Financial Review
In taking this case to the courts, the Australian Securities and Investments Commission may have established a global tech platform precedent.
Mayfair 101They clearly haven't because the case was undefended at trial. Any subsequent trial on this issue will identify this.
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Australian Financial ReviewInvestors who took the bait are now counting their losses.
Mayfair 101No losses have been incurred. The debt instruments still exist and are capable of being repaid in time.
FalseMisleadingMistaken
