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Judge slams Mayfair director’s misleading comments to investors
ASIC 2020-09-03 5:05 pm By Miklos Bolza Sydney

A judge has criticised “inflammatory” and misleading comments Mayfair 101’s director made to investors regarding attempts to wind up firms associated with the IPO Wealth investment scheme.

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‘The scheme has failed’: Court appoints provisional liquidators to Mayfair’s IPO Wealth
ASIC 2020-07-02 12:46 pm By Miklos Bolza Sydney

A court has appointed provisional liquidators to the IPO Wealth Group, rejecting claims by the firm’s sole director that the move would severely damage his reputation and that of the wider Mayfair group.

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Mayfair 101 founder denies troubled fund a Ponzi scheme
ASIC 2020-06-30 4:26 pm By Miklos Bolza Sydney

The embattled founder of Mayfair 101 investment group has denied allegations that its $80 million IPO Wealth fund is a failed Ponzi scheme as he fights the appointment of a provisional liquidator to the fund.

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