• Latest
  • Trending
  • All
Man charged over alleged multi-million-dollar bogus property funding scheme

Man charged over alleged multi-million-dollar bogus property funding scheme

March 7, 2023
Look out for pressure within the actual estate quarter: ICICI PruLife

Look out for pressure within the actual estate quarter: ICICI PruLife

March 27, 2023
We target ₹four,000 cr revenue from actual estate biz, says Raymond’s Gautam Singhania

We target ₹four,000 cr revenue from actual estate biz, says Raymond’s Gautam Singhania

March 27, 2023
India’s Super Rich Commit $30 Billion To Real Estate And Private Equity Funds

India’s Super Rich Commit $30 Billion To Real Estate And Private Equity Funds

March 27, 2023
Church of England infant sex abuse allegations ‘marked by means of secrecy’

Church of England infant sex abuse allegations ‘marked by means of secrecy’

March 27, 2023
Govt needs Rs 20 Lakh lease, South Bombay societies offer Rs 7 a 12 months; circulate HC after state demands arrears

Govt needs Rs 20 Lakh lease, South Bombay societies offer Rs 7 a 12 months; circulate HC after state demands arrears

March 27, 2023
Demand for BDA housing drops as allottees hire houses

Demand for BDA housing drops as allottees hire houses

March 27, 2023
Benefit cuts ‘have made private renting unaffordable’

Benefit cuts ‘have made private renting unaffordable’

March 27, 2023
Does Dubai need a three-yr hire freeze?

Does Dubai need a three-yr hire freeze?

March 27, 2023
How Airbnb took over the arena

How Airbnb took over the arena

March 27, 2023
Exclusive: Foreign authorities rentals at Trump World Tower stir extra emoluments concerns

Exclusive: Foreign authorities rentals at Trump World Tower stir extra emoluments concerns

March 27, 2023
Things to bear in mind earlier than turning into an Airbnb host

Things to bear in mind earlier than turning into an Airbnb host

March 27, 2023
Tenants Can Be Evicted Only By Following Procedure Laid Down In Applicable Rent Control Laws: SC [Read Judgment]

Tenants Can Be Evicted Only By Following Procedure Laid Down In Applicable Rent Control Laws: SC [Read Judgment]

March 27, 2023
  • Home
  • About Us
  • Anti Spam Policy
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
Tuesday, March 28, 2023
  • Login
House Carty
  • Home
  • Real Estate
    • Property Dealers
    • Buying A Property
    • Real Estate Agents
    • Property to Rent
    • Selling Property
    • Property Investment
    • Mortgage
  • Construction
    • Exterior Design
    • Interior Design
  • Home Business
    • Home Improvement
      • Gardening
      • Plumbing
      • Home Decor
        • Painting
        • Furniture
    • Home Inspections
  • Cleaning Services
    • House Cleaning Tips
      • Kitchen
      • Outdoors
      • Roofing
      • Door And Windows
      • Flooring
  • Contact Us
  • Pages
    • Disclaimer
    • Privacy Policy
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • Terms and Conditions
    • DMCA
No Result
View All Result
House Carty
No Result
View All Result
Home Property Investment

Man charged over alleged multi-million-dollar bogus property funding scheme

by Vicki Horton
March 7, 2023
in Property Investment
0

A Gold Coast man who allegedly ran a common funding scam worth almost $12 million has been charged with 25 fraud offenses. Anthony David Gray, fifty-four, from Paradise Point, became arrested in New Zealand and deported to Australia in a single day. Mr. Gray has seemed within the Brisbane Magistrates Court on 25 counts of fraud and did now not follow for bail. His arrest follows year-length research, dubbed Operation Quebec Kid back, following multiple complaints from human beings in Australia and distant places. Mr. Gray’s alleged victims trusted his prison and financial advice, delivering masses of lots of dollars in what they thought changed into a sound assets funding scheme.

Police have alleged that between May 2007 and November 2016, Mr. Gray — appearing as a solicitor and economic planner — ran a bogus property investment scheme based on a brief-time period bridging loans below some organizations supposedly based totally in New Zealand Singapore, and Hong Kong. Mr. Gray, whose employer call become Synergy Gray Professional Services, allegedly promised investors that developers would pay big hobby for funds borrowed over a quick period till the banks funded the builders’ initiatives. Police stated the scheme did not exist. Mr. Gray’s co-accused, a seventy two-12 months-antique female, became arrested at a domestic on Dornoch Terrace in Highgate Hill on January 31. She seemed in the courtroom on February 25, charged with nine counts of fraud. 21 alleged sufferers from Queensland, New South Wales, Victoria, the United Kingdom, the USA, and Europe have come forward with losses totaling $eleven 960,000.

It is said one couple misplaced $2,814,416 and some other female misplaced $2 half,000. Detective Acting Senior Sergeant Steve Paskin said police had received a further six lawsuits regarding the scheme and believed more alleged victims can still come ahead. Asked about the connection between Mr. Gray and his co-accused, Detective Senior Sergeant Paskin said they had been business companions. He stated the alleged sufferers, who were either acknowledged to the pair or referred by others, had invested their non-public financial savings. “People have probably misplaced their whole superannuation financial savings as a result of this investment scheme,” he stated. It has been alleged that Mr. Gray had a historical past in regulation and finance; however, he no longer held qualifications on time. “We’ll allege that the offenders had been not certified to act as solicitors or monetary planners, and this highlights the significance of questioning each element of proposed funding broadly,” Detective Senior Sergeant Paskin said. Detective Senior Sergeant Paskin alleged the 54-year-old left Australia in February 2017 to escape creditors. The case will return to court docket on April 1.

Vicki Horton

Vicki Horton

My name is Vicki Horton. I am a freelance writer who specializes in property, home renovation, and interior decorating topics. I've written hundreds of articles for various publications over the years. I've written on topics such as house flipping, home renovation, property, real estate, remodeling, decorating, and home improvement. I've contributed to several magazines, newspapers, blogs, and online publications. You can reach me at admin@housecarty.com.

No Result
View All Result

Today Trending

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Popular Post

Look out for pressure within the actual estate quarter: ICICI PruLife

Look out for pressure within the actual estate quarter: ICICI PruLife

March 27, 2023
We target ₹four,000 cr revenue from actual estate biz, says Raymond’s Gautam Singhania

We target ₹four,000 cr revenue from actual estate biz, says Raymond’s Gautam Singhania

March 27, 2023
India’s Super Rich Commit $30 Billion To Real Estate And Private Equity Funds

India’s Super Rich Commit $30 Billion To Real Estate And Private Equity Funds

March 27, 2023
House Carty

Copyright © 2023 Housecarty | All Rights Reserved

Navigate Site

  • Home
  • About Us
  • Anti Spam Policy
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Home
  • Real Estate
    • Property Dealers
    • Buying A Property
    • Real Estate Agents
    • Property to Rent
    • Selling Property
    • Property Investment
    • Mortgage
  • Construction
    • Exterior Design
    • Interior Design
  • Home Business
    • Home Improvement
      • Gardening
      • Plumbing
      • Home Decor
    • Home Inspections
  • Cleaning Services
    • House Cleaning Tips
      • Kitchen
      • Outdoors
      • Roofing
      • Door And Windows
      • Flooring
  • Contact Us
  • Pages
    • Disclaimer
    • Privacy Policy
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • Terms and Conditions
    • DMCA

Copyright © 2023 Housecarty | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In