This doesn't seem like proper journalism to me.
It's full of contradictions and innuendo.
The "$1 billion financial planning company ... poured tens of millions of investors money into ..." was purchased for $46 million?
This was fixed interest debentured money that is paid before the shareholders get any money.
Even if there is insufficient money to repay the debentured investors I don't see how MFS is liable unless they gave an undertaking that funds were 100% guaranteed or the advice given was wrong or unreasonable at the time.
In retrospect it may have been proven wrong, but that's the risk all investors take. After all property has taken a big hit worldwide.
I'll wait until I see the full story and figures.
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