Tagged: Macro Realty Developments

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Real Estate Agency in Perth Austrlia busted over mining town claims

Providing unsubstantiated rental guarantees for investment properties in a troubled mining town has landed a Perth real estate Macro Realty agency in hot water.

A Perth agency and its directors have felt the wrath of the regulator after making unsubstantiated claims about rental income potential in the town of Newman. read more

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ASIC probes alleged Pilbara Ponzi scheme

Investors from around the world who handed up to $190 million to a Pilbara property developer who promised mining boom returns were ensnared by what may be an “unlawful Ponzi scheme”, according to the corporate watchdog. read more

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Crawford victim of Pilbara property plunge

Liquidators have been appointed to Crawford Property Group, with the firm becoming the second Pilbara-focused real estate player to run into strife in 2016.

Australian Securities and Investments Commission documents show liquidators at Grant Thornton were appointed to Crawford Property Group, as well as an additional nine related entities, on July 19. read more