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Search ResultsShowing 1 - 10 of 14 results for "James Mawhinney"
Mayfair 101 promises investors pie in the sky
ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... noteholders a "clear pathway" to their initial investment being returned. Mayfair 101 founder and managing director James Mawhinney said: "My team and I are bitterly disappointed by the significant impact the events of recent months have had on noteholders ...
Mawhinney lashes out at regulator
ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
Mayfair 101 founder James Mawhinney has accused ASIC of a witch hunt, saying a provisional liquidators' report proves M101 Nominees had no "smoking gun" - but the report actually refers to the company's business model as unsustainable. A provisional ...
IPO Wealth ordered to wind up
ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
... generate a more favourable outcome for unitholders that could have avoided liquidation. Mayfair 101 managing director James Mawhinney said: "As the founder of IPO Wealth I am devastated by the result. I have personally engaged with almost every single ...
ASIC restrains Mawhinney
ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
ASIC has been granted interim orders against Mayfair 101 founder James Mawhinney which will stop him siphoning any money out of Australia. The orders also restrain Mawhinney from advertising or promoting any financial product, meaning his work with ...
Mayfair 101's vision for Mission Beach is sinking
ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... development of the Mission Beach region. In a release to the media, Mayfair 101 founder and managing director James Mawhinney insisted that the Mission Beach and Dunk Island development was progressing and that the group was working with "credible" financiers. ...
Ponzi scheme allegations levelled at Mayfair 101
ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... manager to set up a Ponzi-like scheme. ASIC expressed concerns that Mayfair 101 founder and managing director James Mawhinney's efforts to raise funds through Australian Property Bonds were designed so money from that product could be used to make relevant ...
Mayfair 101 in damage control
ELIZABETH MCARTHUR  |  MONDAY, 17 AUG 2020
Embattled Mayfair 101 has attempted to set the record straight, hitting out at claims chief executive James Mawhinney may attempt to flee the country and at Vasco Trustees over its handling of the IPO Wealth Fund. ASIC asked the Federal Court last week ...
Administrators appointed to IPO Wealth
ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... voluntary administrators of IPO Wealth Holdings. "We have been appointed as voluntary administrators of the company by James Mawhinney, a director of the company, as a result of concerns held by him on the solvency of the company and his view of a risk ...
Mayfair to drop use of platinum
ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
... the investor relations team will represent the Mayfair 101 brand moving forward. The group's managing director James Mawhinney said he is relieved to have the matter dealt with and is focusing on the future. "Mayfair 101 Group aspires to represent the ...
Details of Mayfair's default revealed
ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... says Mayfair 101 Holdings owes $76,965,000 excluding interest and default interest. Mayfair 101 managing director James Mawhinney asked the trustee of the IPO Wealth Fund to tap into capital reserves three days after Vasco served Mayfair a notice of ...
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