September 2024
Anti-corruption commission clears former ASIC deputy Karen Chester
The National Anti-Corruption Commission has sought to protect against unfair reputation damage, clearing former ASIC deputy chairman Karen Chester of corrupt behaviour
- Tom Burton
October 2023
James Mawhinney makes ‘fighting misinformation’ his next big thing
The Mayfair 101 founder is dealing with a lot, but is nothing if not incorrigible.
- Myriam Robin
Bankruptcy threat for Mayfair 101 visionary Mawhinney
A Sydney-based marketing entrepreneur has alleged in Federal Court filings that James Mawhinney owed a debt of $3.5 million.
- Liam Walsh and Jonathan Shapiro
August 2023
Ex-Mayfair head Mawhinney’s new website pitches double-digit returns
The former director of the collapsed Mayfair investment scheme has launched a platform that purports to helping investors stay clear of scams.
- Jonathan Shapiro and Liam Walsh
Mayfair promoter James Mawhinney emerges to run anti-scam service
The businessman is in the midst of a lengthy legal dispute with the corporate regulator and is not currently permitted to raise money from the public.
- Jonathan Shapiro and Liam Walsh
December 2022
Mawhinney stuck with lawyers’ fees for ‘spurious allegations’
The costs hearing is the latest decision in a series of legal battles between the Mayfair 101 spruiker James Mawhinney and the corporate regulator.
- Hannah Wootton
October 2022
Mayfair 101’s Mawhinney sues ASIC for defamation
Investment promoter James Mawhinney has locked horns with the corporate regulator yet again.
- Jonathan Shapiro and Liam Walsh
Court crunches Mayfair 101 appeal in ‘lemon’ ruling
Even putting a generalised risk statement is not good enough if deep risks exist, the Full Federal Court has found.
- Liam Walsh and Jonathan Shapiro
June 2022
Investment blow-up: when introductions go wrong
Accountants or financial planners might make referrals or pass on information about riskier investments to their clients. It’s not advice, they insist.
- Liam Walsh
May 2022
ASIC cancels licence of Mayfair 101 overseer
Watchdog also slaps eight-year ban on financial services business’s director, who listed stints with UBS, Deutsche Bank in resume.
- Liam Walsh and Jonathan Shapiro
February 2022
Provide Capital snuffs out Mawhinney link
A change in web registration suggests a certain sensitivity on Provide Capital’s part about being tied to James Mawhinney.
- Myriam Robin
January 2022
New lending offer has old Mayfair 101 ties
A new fixed income product is on the market, attracting the attention of some investors.
- Jonathan Shapiro and Liam Walsh
November 2021
- Updated
- Capital raising
ASIC accuses Mayfair’s Mawhinney of fundraising contempt
The investment promoter has previously maintained he had legal advice to ensure his activities were compliant.
- Updated
- Liam Walsh and Jonathan Shapiro
October 2021
- Exclusive
- Managed funds
Ditch sophisticated investor test for knowledge quiz: Geoff Wilson
The LIC pioneer has called for the benchmark to be abolished for sharemarket capital raisings and replaced with a financial literacy check for managed funds.
- Aleks Vickovich
- Exclusive
- Regulation
More than 3 million Aussies are now ‘sophisticated investors’
The number who meet the test has blown out from just 1.9 per cent of the population in 2002 to more than 16 per cent, leaving more vulnerable to exploitation.
- Updated
- Aleks Vickovich
August 2021
ASIC urges risk executives: demand more cash
The corporate regulator has urged risk bosses to knock down their chief executive’s door and ask for more funding to rescue decaying data systems.
- Michael Roddan
Peter Switzer bags bludgers, enjoys JobKeeper
It’s time to talk about Peter Switzer and his tidy little empire.
- Joe Aston
June 2021
Mayfair 101 founder pleads self-incrimination breach
A 12-page appeal provides a list of claims against a 20-year fundraising ban against entrepreneur James Mawhinney.
- Liam Walsh and Jonathan Shapiro
May 2021
Mayfair 101 investors tapped for money – while their funds lie frozen
James Mawhinney says his actions are compliant with the orders that ban him from raising funds via financial products for 20 years.
- Jonathan Shapiro and Liam Walsh
‘Mission curse’ continues on Mayfair 101’s fantasy island
Two years ago, Mayfair touted plans for a $1.6 billion tourism mecca, but now offices are empty and property sellers are picking up the pieces following the investment outfit’s collapse.
- Updated
- Liam Walsh and Jonathan Shapiro