British Expats - Misleading headline? Or Iam I missing something

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Don_Angel

Oct 16th 2010 12:47 pm

Misleading headline? Or Iam I missing something

Gold Coast couple lost $7 million in online financial scam

http://www.couriermail.com.au/money/...-1225939581139

If their property was repossessed and that was not worth what they owed how could they lose $7 million? I can only see $30,000 scam for "valuations"

Don_Angel

Oct 16th 2010 12:51 pm

Re: Misleading headline? Or Iam I missing something

+$5000 broker fee = $35,000

The Bloke

Oct 16th 2010 12:57 pm

Re: Misleading headline? Or Iam I missing something

Quote:

Originally Posted by Don_Angel (Post 8923081)

Reading between the lines, I think that includes the developments and properties that were repossessed to repay the $6.7 loans that were "arranged".

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