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Mayfair promoter James Mawhinney emerges to run anti-scam service

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James Mawhinney, the investment fund promoter whose Mayfair 101 business was found to have misled potential customers, is behind a new service which says it helps Australians avoid investment scams by providing free verifications that the product provider is legitimate.

The website, investing.com.au, claims to be “Australia’s home of investing” and says it offers a free service to check if a provider is operating a scam.

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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/link/follow-20180101-p5dvjr