McGrath loses fortunes for investors and sits with a grin, page-2

Hold on a minute, the guy has been instrumental in providing an immense amount of clarity and transparency to an industry thats full of grubs and con men, he has tried to do the same in QLD with his disclosures in relation to auctions and the manner in which an agent should conduct themselves, unfortunately the powers to be have allowed the gruby practice of under quoting to continue. With some heavy lobbing the Right Way boys have been allowed to prosper at the expense of those that wish to be both ethical and professional and until this industry is allowed to change for the better then it will still be seen as on par with the legal profession.

Unfortunately for him he trusted the person putting together the numbers when valuing the business, big mistake. What you need to remember is that he is a salesman and a good one at that.