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…
-
Noosa News21 hours agoBrisbane council budget 2025: Winners and losers
-
Business16 hours ago3 of the best ASX stocks to buy now with $2,500
-
Noosa News15 hours agoRapist who tortured woman for weeks claims he deserves a lighter sentence for not letting her die
-
General9 hours agoSeeking a reset on the environment debate, Murray Watt gathers business and conservation groups in search of a deal