Business
Sterling First rent-for-life scam ‘gatekeeper’ slapped with $2m penalty – NEWS.com.au
Sterling First rent-for-life scam ‘gatekeeper’ slapped with $2m penalty
A financial services firm has been handed a huge penalty for its major role in a rent-for-life scam that ripped off more than 100 cash-strapped retirees, forcing some out of their homes and milking their life savings.Sterling First marketed itself as pairing up “smart property investors that are looking to get a better rental return with retirees that are looking to sign a long-term lease”.
Dozens of retirees involved in the scheme sold their homes to free locked-up capital, then moved into rental…
-
General22 hours agoFederal government funding extends cohealth GP services until July 2026
-
Business23 hours agoWhat I’d buy if I had to invest $20,000 in ASX 200 shares before the weekend
-
General6 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
Noosa News24 hours agoAlleged violence within the CFMEU a ‘cancer’, administrator tells Queensland inquiry