~ December 21, 2003 ~
He’s been a very naughty boy.
I was very interested to see this article in The Guardian today about the so-called end of the Australian property boom and the man many are blaming for it, self-styled property guru, Henry Kaye. This guy reckons he can turn ordinary people into property millionaires in 5 years. Tricky and I came across Henry Kaye a couple of years ago and even went to a couple of seminars until we decided something just wasn’t right about the whole thing and numbers just didn’t seem to add up. Now he’s left a trail of broke investors and property owners who owe more than their properties are worth, his companies are bankrupt, he’s had to surrender his passport and he’s being investigated by the Australian Securities Commission.