http://www.abc.net.au/news/2014-02-06/afp-raids-tony-sage-properties/5242652
Spurred on by disgruntled holders? And what was the outcome? Not Guilty? Or did the investigation not find anything of substance?
ASIC have to act when there is any doubt, doesn't mean there was actually any wrong doing. In fact it would appear to be the opposite in this case.
