She's flown the coop. Police haven't charged her and she flew out of Perth last month.
Perth Finance Broker?
- Thread starter LesleyA
- Start date
She's flown the coop. Police haven't charged her and she flew out of Perth last month.
One of those current affairs programs like ACA / TT didnt have any problems with finding her in Hong Kong.. The look on her face was priceless when the reporter confronted her in the street.
Ahh, just googled it and found it was TT ..... heres the link
Ahh, just googled it and found it was TT ..... heres the link
I wonder if her husband and kids still live in Perth or whether they've gone with her ... doesn't make sense does it? Her leaving her family over this or having to drag them around the world with her away from their friends / schools / jobs / home ... crazy women that looked quite sane when I met her.
I have used Momentum Wealth for a number of property transactions. All around very happy. Probably not the cheapest service in town, but by far the best I have recieved. Very happy.
I spoke with Emma ??? (broker) (they have a couple of Emma's in the office).
I used Emma Ross from Momentum Wealth. I think that is who you are talking about. Apart from being a little biased because Momentum Wealth has done very well for me - I would definitely recommend them! Warning up front: they have an upfront research & structuring fee. Taking this into account, I still would use them again.
Research and structuring fees?
Most brokers don't charge fees when they're already being paid by the lenders.
Hiya Rix
In some cases up front and/or performance fees are warranted.
ta
rolf
In some cases up front and/or performance fees are warranted.
ta
rolf
5 mill : )
not on mortgage comms
Assuming 1 % on upfronts that translates to 500 mill in settlements a year, trails wouldnt have built much.
Soooo I reckon the comms from the property sales were probably running at 5 % or more
ta
rolf
She was forging loan docs, making payments of behalf of borrowers, flogging investment property in developments she had an interest in, and professing to be a pious Christian as she spent five years defrauding her friends and congregation.
The fact that Denise Brailey considers this nasty piece of work some sort of whistleblower is, frankly, bizarre.
In a sane world, she'll do a five to seven year stretch.
The fact that Denise Brailey considers this nasty piece of work some sort of whistleblower is, frankly, bizarre.
In a sane world, she'll do a five to seven year stretch.
Just watched the 7.30 report. These people!!
1) The single mum with 3 kids on an income of $24k pa thought it was ok to borrow to buy an owner occ home. Take some responsibility in the situation you have put yourself in! FFS. I don't believe for a second she wasn't complicit. And she let her mother sell up and move to a caravan park rather than selling up herself? That speaks volumes. Victim mentality for sure.
2) 65 year old woman with $4.5 mil in loans. Omg they had the gal to give her a 30 year loan. How dare they give that sophisticated investor what she no doubt asked for. How much of that debt is investment debt? What is her LVR, what is her equity? If she sold all ip's besides the owner occ how much would she net? Crock crock!!!!!
BEAT UP!!!!
I also don't remember any banks encouraging me to forge documents and inflate incomea like they are suggesting.
Those loans were actually very useful and helped many including myself build wealth.
The problem was and I can't believe she is blaming the banks for this, is she used those loans not for people who could not prove their income but for people who didn't actually have any income, then she took 5-6% commission selling them terribly over inflated properties that they could never afford to pay back and were worth far less than they paid. She basically just exploited the naive and the people who trusted her and is now looking for a scapegoat. There is only one person to blame for the whole mess.
Send her to the bighouse
The problem was and I can't believe she is blaming the banks for this, is she used those loans not for people who could not prove their income but for people who didn't actually have any income, then she took 5-6% commission selling them terribly over inflated properties that they could never afford to pay back and were worth far less than they paid. She basically just exploited the naive and the people who trusted her and is now looking for a scapegoat. There is only one person to blame for the whole mess.
Send her to the bighouse
Indeed. Not sure what the whole point of the piece was but a few rogue brokers/banks will always exist. I'm a bit disappointed that the standard of 'investigative' journalism is so low from the ABC as they make it sound like all brokers are crooks.
