Property Mingo
Friday, January 1, 2021
  • Login
  • Home
  • Real Estate
    • Property Dealers
    • Buying A Property
    • Real Estate Agents
    • Property to Rent
    • Selling Property
    • Property Investment
    • Mortgage
  • Construction
    • Interior Design
    • Exterior 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
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
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
    • Interior Design
    • Exterior 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
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
No Result
View All Result
Property Mingo
No Result
View All Result
Home Property Investment

Man charged over alleged multi-million-dollar bogus belongings investment scheme

Grady Vasquez by Grady Vasquez
March 4, 2019
in Property Investment
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

A Gold Coast man who allegedly ran a worldwide investment scam well worth nearly $12 million has been charged with 25 fraud offences.

Anthony David Gray, 54, from Paradise Point changed into arrested in New Zealand and extradited to Australia overnight.

RELATED POSTS

Why You Should Choose Property Investment

Property Investment Companies Can Impact Cash Flow Investors

Mr Gray has regarded inside the Brisbane Magistrates Court on 25 counts of fraud and did no longer apply for bail.

His arrest follows a year-lengthy investigation, dubbed Operation Quebec Kidback, following a couple of lawsuits from people in Australia and remote places.

Mr Gray’s alleged sufferers relied on his felony and economic advice, delivering masses of lots of bucks in what they thought turned into a legitimate belongings investment scheme.

Police have alleged that between May 2007 and November 2016, Mr Gray — performing as a solicitor and economic planner — ran a bogus belongings funding scheme based totally on quick-time period bridging loans below a number of groups supposedly primarily based in New Zealand, Singapore and Hong Kong.

Mr Gray, whose corporation name turned into Synergy Gray Professional Services, allegedly promised buyers that developers might pay high hobby for finances borrowed over a quick period until the banks funded the developers’ tasks.

Police stated the scheme did no longer exist.

Mr Gray’s co-accused, a seventy two-yr-vintage woman, become arrested at a home on Dornoch Terrace in Highgate Hill on January 31.

She regarded in courtroom on February 25, charged with 9 counts of fraud.

To date, 21 alleged sufferers from Queensland, New South Wales, Victoria, the United Kingdom, the united states and Europe have come ahead with losses totalling $eleven,960,000.

It is claimed one couple misplaced $2,814,416 and some other lady lost $2,1/2,000.

Detective Acting Senior Sergeant Steve Paskin stated police had acquired a similarly six lawsuits in relation to the scheme and believed more alleged sufferers may additionally still come forward.

Asked about the relationship among Mr Gray and his co-accused, Detective Senior Sergeant Paskin stated they have been commercial enterprise companions.

He stated the alleged victims, who have been either recognised to the pair or referred by means of others, had invested their private savings.

“People have doubtlessly lost their entire superannuation savings as a result of this investment scheme,” he said.

It has been alleged Mr Gray had a history in regulation and finance however did now not hold qualifications at the time.

“We’ll allege that the offenders have been no longer qualified to act as solicitors or economic planners and this highlights the significance of wondering extensively each element of a proposed investment,” Detective Senior Sergeant Paskin stated.

ShareTweetPin
Grady Vasquez

Grady Vasquez

Related Posts

Why You Should Choose Property Investment

Why You Should Choose Property Investment

by Grady Vasquez
May 13, 2019
0

Although there are numerous options for investing, assets funding is one of the favorites. There are at the least 9...

Property Investment Companies Can Impact Cash Flow Investors

Property Investment Companies Can Impact Cash Flow Investors

by Grady Vasquez
May 13, 2019
0

From about the mid-Nineteen Nineties up until the housing bubble burst, Arizona's financial system was pushed in the main by...

Property Investment Checklist

Property Investment Checklist

by Grady Vasquez
May 13, 2019
0

If you need to make a a hit and notably profitable actual property funding, there are a few key factors...

Property Investments – Direct and Collective Investments

Property Investments – Direct and Collective Investments

by Grady Vasquez
May 13, 2019
0

Access to belongings investments is well-established, with various direct investment opportunities and collective investments to be had for each retail...

Locations for Overseas Property Investment

Locations for Overseas Property Investment

by Grady Vasquez
May 13, 2019
0

Whilst the United Kingdom property marketplace languishes within the doldrums, the distant places property investment marketplace remains in growth time....

Next Post
KKR hires Goldman’s Asian funding financial institution chairman

KKR hires Goldman’s Asian funding financial institution chairman

Little change seen in China’s outbound assets investment in 2019-consultancy

Little change seen in China's outbound assets investment in 2019-consultancy

No Result
View All Result

Today Trending

  • Leonora Carrington Brought a Wild, Feminist Intensity to Surrealist Painting

    Leonora Carrington Brought a Wild, Feminist Intensity to Surrealist Painting

    0 shares
    Share 0 Tweet 0
  • Piqua library to host gardening series

    0 shares
    Share 0 Tweet 0
  • Schwan’s Home Service Embarks on New Journey as an Independent Company

    0 shares
    Share 0 Tweet 0
  • Kerala’s vacant homes are high on nostalgia, now not on returns

    0 shares
    Share 0 Tweet 0
  • Alutech Systems to launch Aluminium entrance door at FIT Show 2019

    0 shares
    Share 0 Tweet 0

Recent Post

Home Interior Concept Is Associated With Precision and Detail 

Home Interior Concept Is Associated With Precision and Detail 

December 1, 2020
Leakages In Your Home Wet Areas

Leakages In Your Home Wet Areas

October 31, 2020
Is Your Home Suffering From Leaks

Is Your Home Suffering From Leaks

October 31, 2020
  • Home
  • About Us
  • Anti Spam Policy
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

© 2020 Propertymingo - Al Rights Reserved

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
    • Interior Design
    • Exterior 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
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions

© 2020 Propertymingo - Al 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