Search results

I cannot imagine anything that would destroy a man more than losing his life's savings near or in retirement. I watched a farmer die over 24 hrs, after selling his farm, investing the proceeds in a scam, losing it all, then drinking a litre of Paraquat. His family were left with nothing. He...

As alluded before, financial advisors aren't accountants or developers, so it is ridiculous to expect them to have the acumen to know whether a company's financials or business plan are sound. Further, accountants take no responsibility for the plausibility of the data they are given by their...

I have been burnt on seed capital and mezz finance. The only seed or mezz I shall ever lend again will be to a project I control. IMHO, it is folly to lend money unsecured. There is no risk control in doing so. As for a class action against Westpoint, watch the lawyers bills grow, and wait at...