Response 6 months ago

Responded publication image

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

  • snippet
    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 101
    Mayfair 101

    This 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...

    False
    Misleading
    Mistaken
  • snippet
    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 101
    Mayfair 101

    They clearly haven't because the case was undefended at trial. Any subsequent trial on this issue will identify this.

    Misleading
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    snippet
    Australian Financial Review

    Investors who took the bait are now counting their losses.

    Mayfair 101
    Mayfair 101

    No losses have been incurred. The debt instruments still exist and are capable of being repaid in time.

    False
    Misleading
    Mistaken