Business
Company director behind tourism ‘mecca’ dream slapped with 20-year ban – ABC News
A bid to turn Mission Beach and Dunk Island into a tourism hotspot is all but over with the man behind the scheme banned from fundraising and advertising financial…
A bid to turn a small beachside area into Australia’s next tourism mecca is all but over with the man behind the scheme banned from fundraising and advertising financial products for 20 years.
Key points:
- Mayfair 101 company founder James Mawhinney has been banned from fundraising for 20 years
- The company bought hundreds of properties at Mission Beach and an island
- ASIC says the company engaged in “misleading and deceptive conduct'”
The Mayfair 101 group purchased a resort on Dunk Island in 2019,…
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