BIG POINT HERE IS: There are 100 plus, on our list of villains........................why hasn't ASIC closed them down?
Behind all these spruikers there are Bankers as when the time is right to hit these poorest of people will be fed like christians to the lions - to the lenders with the worst track record for future loans!!!! Behind every misleading Spruiker there is a hidden evil Banker.
Why hasn't Parliament outlawed PROPERTY SPRUIKERS when we complained back in 2001 to the Howard Government and in particular the then Finance Minister Joe Hockey? Property Spruikers prey on the most vulnerable. Rent to Buy is nothing new - old scams leading more vulnerable people into the waiting arms of bankers and high cost risky Liar Loans. Nothing changes. Banks need more cannon fodder to assist their developer clients of the bankers with distressed properties. We know how the game is played and so does...
Tagged in:
ASIC at snails pace
ASIC Doomed to Failure
Property Spruikers
Rent to Buy Scams
Rick Otton
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Yes we are the poor unfortunates who innocently fell into their well organised trap and now are left to struggle through life the