Tuesday, May 29, 2007

HIGH-risk LOANS

Family investors lose $300m

A HIGH-risk property investment scheme has collapsed, owing mum and dad investors more than $300 million.Estate Property Group and its investment arm Australian Capital Reserve called in administrators yesterday.

Posted by chris @ 06:29 AM (515 views)
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2 thoughts on “HIGH-risk LOANS

  • sold 2 rent 1 says:

    The first flake of the blizzard

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  • This happened in Australia. Are there similar high-risk schemes going on here in the UK? Anyone know?

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