ASIC keep mum on investigations... they keep it all very hush hush.
my hope agrees with you Yank. these mongrel dogs deserve to be banned from service ad directors for life and be penalised heavily.
to rip people off in any other jurisdiction is illegal and attract criminal charges from police. this should be how directors who pump prime with lies and dump while maintaining the lies are treated.
I worked in prisons for many years - its no holiday camp, other inmates make sure of that. These guys deserve a good long stretch.
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