Fincorp Explained

Fincorp was an Australian property and investment company that collapsed in March 2007.[1] The company promised investors a return of up to 9.25% p.a., but, upon collapse, owed around 8000 investors over A$200 million.[2]

References

  1. News: Corporate collapses burn investors. Gosnell. Peter. 26 December 2007. Perth Now. 8 March 2019.
  2. News: Investors launch class action on Fincorp collapse. 3 Dec 2008. ABC News. 8 March 2019.

External links

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