What Jordan Malouf And His Company Malouf Group Enterprises Have Admitted They Did Wrong

What Jordan Malouf And His Company Malouf Group Enterprises* Have Admitted They Did Wrong! Court Orders Jordan Malouf And Company To Pay $1.7 Million *Jordan Malouf's Business Names & Websites: Credit Clean Australia; Credit Wash; Credit Fix Australia; CreditYourCredit; Clean Your Credit; CreditCleanAustralia.com.au; MGEonline.com.au; CreditWash.com.au; CreditFixAustralia.com.au; and CleanYourCredit.com.au. Further to our initial report on the Court Orders: The Federal Court has now published the text of the orders made on Monday 23 April 2018 allowing us to examine the declarations of fact in addition to the orders (already reported) [...]

2018-05-01T21:51:52+00:000 Comments

Federal Court Today Orders Credit Repairer (Jordan Malouf & Company) To Pay $1.7 Million

Federal Court Today Orders Credit Repairer Pay $1.7 Million Court Orders Jordan Malouf & Co To Pay $1.7 Million (Credit Clean Australia is just one of his trading names)  JORDAN MALOUF - UPDATE - $1.1 Million Payable To Victims Described In Court As "Vulnerable Members Of Society" In the Federal Court on Monday, 23 April 2018 Justice Derrington ordered Jordan Malouf and his company Malouf Group Enterprises (“MGE”) to pay a total of $1.7 million as a result of a complaint by the ASIC and ACCC. For a summary [...]

2018-08-23T17:48:06+00:000 Comments

Clear Credit Solutions Pty Ltd (Clear Credit) pays $21,600 after ASIC investigation

Clear Credit Solutions Pty Ltd (Clear Credit) Of Coffs Harbour Pays $21,600 ASIC Infringement Notice For False & Misleading Claims Clear Credit Solutions Fined $21600 By ASIC for False & Misleading Claims If you overstate your business’s abilities or claim plaudits that you cannot justify the ASIC will happily take you to task and put you to expense. In November 2016 Clear Credit said it was “voted Australia’s most trusted credit restoration service”.  ASIC was unable to find (or be provided) evidence of that vote having had occurred. In March [...]

2018-04-30T10:00:25+00:000 Comments

UPDATE What issues will decide ASIC v Malouf Group?

Our Previous note said- On 31 July 2017 Malouf Group Enterprises (MGE) And Mr Malouf Filed A 5 Page Response To  ASIC’s Concise Statement. Pssst... Have You Heard The Latest On... What Does Malouf Group Enterprises (MGE) Deny Saying? Malouf Group Enterprises denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: MGE could determine whether negative listings had been correctly listed on a consumers credit file; after receiving the consumer’s application, MGE would obtain the consumer’s credit report to establish [...]

2018-05-01T21:00:57+00:000 Comments

ASIC v Malouf Update – Malouf Responds to Allegations

ASIC v Malouf Update - Malouf Responds to Allegations Malouf responds and on 31 July 2017, Malouf Group Enterprises (“MGE”) and Mr Malouf filed a 5 page response to ASIC's concise statement. What Does MGE Deny? Malouf responds and denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: a) MGE could determine whether negative listings had been correctly listed on a consumers credit file; b) after receiving the consumer's application, MGE would obtain the consumer’s credit report to establish whether the consumer's credit [...]

2018-05-01T23:44:21+00:000 Comments

‘I Am Not A Lawyer And [I] Do Not Give Legal Advice’ said the ad – OH YES YOU DO, said the Court

'I Am Not A Lawyer And [I] Do Not Give Legal Advice' said the ad - OH YES YOU DO, said the Court The Supreme Court found that the advertisement constituted an offer to perform legal work. The WA Courts have found that an ad on Gumtree offering “… some help to guide you through the Court System …”, was legal work. … [if] the persons giving such advice possess legal skill and a knowledge of the law greater than that possessed by the [...]

2018-10-18T18:44:53+00:000 Comments

Cybercrime Hot Spots In Victoria, Queensland And New South Wales – ACORN Receives 39,000 Cybercrime Reports In 2015

Do You Live In A Cybercrime Hot Spot In Victoria, Queensland Or New South Wales? Australian Cybercrime Online Reporting Network receives more than 39,000 reports The original story was published here "18 January 2016 The Australian Cybercrime Online Reporting Network (ACORN) is continuing to boost law enforcements  efforts to crack down on cybercrime, with more than 39,000 reports received from individuals and organisations in 2015. As Australia's reliance on technology grows, and online shopping remains an increasingly attractive option for busy Australians, the cost and incidence of cybercrime  is expected [...]

2017-09-05T05:24:48+00:000 Comments

Identity theft at their fingertips: Fraudsters and Social Media

Media Release Identity theft at their fingertips: Fraudsters and Social Media 5 June 2014 As identity theft numbers increase in Australia, a consumer credit advocate shows how easy it can be for fraudsters to commit identity theft using social media, warning there are too many Australians disregarding their personal information, and leaving themselves wide open to identity theft and credit rating misuse. Graham Doessel, who is a Non-Legal Director of MyCRA Lawyers, a firm focused on credit dispute, says social media users who don’t opt in and maintain strong Privacy settings are [...]

2017-09-05T05:24:59+00:00Comments Off on Identity theft at their fingertips: Fraudsters and Social Media

Protect your credit file campaign fights identity theft

Media Release 'Protect your credit file' campaign fights identity theft. 16 May, 2014 As the Attorney-General announces rates have ballooned to 1 in 5 Australians affected by identity theft, a credit reporting advocate is running an awareness campaign aimed at reducing the numbers affected by this terrible crime. Graham Doessel, who is Non-Legal Director of MyCRA Lawyers, a firm focused on credit disputes, says identity theft can have devastating effects, including damaging the victim's credit rating. "Some identity theft victims can wind up banned from mainstream credit for years because a fraudster has [...]

2017-09-05T05:25:00+00:00Comments Off on Protect your credit file campaign fights identity theft

Beware guarantor loans for desperate first home buyers

Media Release Beware guarantor loans for desperate first home buyers. 24 April 2014 First home buyers desperate to get a foothold in the property market are receiving financial help from Mum and Dad or other family members at increasing rates through family guaranteed loans, but a consumer advocate warns there is no financial benefit for the guarantor, and significant credit rating risks. Graham Doessel, Non Legal Director of MyCRA Lawyers, a firm focused on credit disputes, says the difficulties people face entering the property market has sparked an increase in guaranteed loans, [...]

2017-09-05T05:25:00+00:00Comments Off on Beware guarantor loans for desperate first home buyers