Pushing investors into big black holes.
It has been more than three years since we purchased a property from The Insight Group. We dealt directly with Trent Richards and Stephen Nugent from Insight.
And then there was Property Planet, Faraday Homes, banks and the lawyers recommended by Insight – Andrew Blaak Solicitors.
It has been a saga of lies and deceit.
So, I was delighted to see your article and agree with everything you write.
My partner and myself are intelligent people who got caught up in this hook, line and sinker.
We even went so far as to meet with others and ask them to join a joint law suit against the shonks. [Most of them have been so hurt, they have no money to fight a legal battle].
When I saw your article, a rush of distressing emotions came back. If I had to write the whole saga I would be here forever
One question still has me baffled. When I pressed the bank to reveal what the property was valued at, they were extremely reluctant to reveal the valuation. They said they could only tell the broker who had set up the loan.
The bank finally told us the property was valued at $260,000.00. We paid $355,000.00.
Why would a bank lend you nearly $100,000.00 more than the property was worth?
If you can’t trust banks, bank valuations and solicitors – then who can you trust???
I remember Trent Richards saying that The Insight Group had a method where… “We hold your hand through the entire process…”
He was right!
Insight held our hands, walked us to a big black hole and then pushed us in and walked away.
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