11 October 2021
APRA/ASIC/ACCC/AUSTRAC
16 November 2021
… security of all Australians is at stake today, with the beginning of the Senate Economics References Committee’s hearings into the collapse of Sterling First. The 140 elderly victims of Sterling First, 17 of whom have died waiting for justice, are the tiniest tip of the iceberg of Australians whose lives have been ruined by … APRA/ASIC/ACCC/AUSTRAC
5 November 2021
… 2021 - Citizens Party Media Release The current Senate inquiry into the Australian Security and Investments Commission’s (ASIC) handling of the Sterling First collapse is not off to a good start. Last week, ASIC and the government failed to comply with a Senate order to produce documents about the Sterling case by 26 October. In their letters making excuses as to why, Financial Services Minister and “Senator for Bankers” Jane Hume, and ASIC … APRA/ASIC/ACCC/AUSTRAC
1 December 2021
… Party. To subscribe to the Australian Alert Service , it's easy, and it's secure. Lead Editorial 1 December 2021 Vol. 23 No. 48 The latest Sterling victims to be evicted, Leonie Yates and Alex Tufekcic, on the 30 Nov. episode of ABC 7.30. “We had two and a half years of hell”, Alex said. Photo: Screenshot Like satellite footage of earth zooming in on a single detail, the Sterling First inquiry is now focused on the most important aspect of the case: ASIC’s failure to do its job. Exposing this failing has much bigger … APRA/ASIC/ACCC/AUSTRAC
25 June 2021
Banking / Finance
APRA/ASIC/ACCC/AUSTRAC
23 October 2021
… Subscribe to the Australian Alert Service: https://info.citizensparty.org.au/subscribe Watch the video "The Sterling First scam: another example of Australia's widespread financial corruption": https://youtu.be/wWPPT8xDVDM Read the media release and the email a submission! "Victory in fight for Senate inquiry into Sterling First and ASIC—now let’s make it work!": … Banking / Finance
National Banking
Australia Post
APRA/ASIC/ACCC/AUSTRAC
1 December 2021
… . “For many victims, those hopes have now been dashed.” An example of a managed investment scheme excluded under the current CSLR structure is Sterling First, the rent-for-life scheme that collapsed in 2019, ruining 140 elderly pensioners and retirees who thought they were merely pre-paying rent … lives and had no idea they had been drawn into a complex MIS. As a current Senate inquiry has exposed , ASIC received repeated complaints about Sterling First at the very beginning of the scheme in 2015, and had received multiple complaints against Sterling’s responsible entity Theta since … APRA/ASIC/ACCC/AUSTRAC