The Australian Competition and Consumer Commission has instituted legal proceedings against Mr Henry Kaye and National Investment Institute Pty Ltd alleging misleading and deceptive conduct over the promotion of a "millionaires" property investment strategy.
Read the full story :
http://www.accc.gov.au/content/index.phtml/itemId/380945/fromItemId/622035
Looks like the joke was on the Australian public (the 'cattle' as the term used by him), the 'mums and dads' investors.
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