Australian Property Bonds was a product launched by Mayfair 101 to re-finance its Mission Beach real estate portfolio. | Media.com

Current Rates & Application Form - Australian Property Bonds.pdf

Property Brochure - 1 Banfield Parade Wongaling Beach.pdf

Offer documents

<h3 style="margin-left:0px;">Australian Property Bonds was a lending opportunity Mayfair 101 offered to wholesale clients which offered first-ranking mortgage security.</h3>It was alleged by ASIC that the property bonds were a Ponzi scheme and intended to avoid court orders. &nbsp;Mayfair 101 rejects this allegation. &nbsp;The program had been in development for several months prior to launch.&nbsp;The program was designed to enable Mayfair 101 to re-finance its portfolio of 119 properties in Mission Beach, and continue the project after it was de-railed by ASIC in 2020.&nbsp;The Australian Property Bonds program is currently not in operation.

Basic info

Basic

ASIC applies ex parte to the Federal Court. Jonathan Moore acting for ASIC makes the following false statement: “...this is the third time Mr Mawhinney is seeking to do a new form of Ponzi scheme, the Australian property bonds”

Australian Property Bonds Discontinued

The product offered first-ranking mortgage security over Australian real estate. Mayfair launched the product to enable it to leverage the equity within its Mission Beach real estate portfolio and refinance its bridging facility from Napla. The bonds were structured using the services of a top-tier law firm.

Mayfair 101 launches Australian Property Bonds

Australian Property Bonds was a product launched by Mayfair 101 to re-finance its Mission Beach real estate portfolio.