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Equititrust?

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This is a post by McIvor in March this year on the Huntington Face Book Page, trying COVID scare tactics to sink his teeth into retirees again... (Emerald Lakes is where he had his dodgy cafe, which he was evicted from for non payment of rent)...
Then he wonders why ASIC are investigating him ...
Why does McIvor continue to prey on the elderly... He should be charged for elder abuse considering he squandered hundreds of millions of dollars of their money on dodgy loans to to dodgy mates like King Con Dudley Quinlivan...

B93B567E-5684-4735-8ED0-7036116EC424.jpeg07350D92-25E0-4098-B148-A72C2BD2BABE.jpeg89D39CFE-38D2-4199-8544-3938DEA1E02E.jpeg
 
McIvor’s “Dealmaker Sovereign Currency” would have ended up in his pocket and god knows how many more innocent retirees would have been financially raped... McIvor is a shyster of the highest order.... ASIC had no choice but to ban him for life... Just read the attached Confidential ASIC Document above... McIvor is not of good fame or character...
Having said that neither is his former accomplice and lawyer David Tucker - who will be the next head to roll...
 
If Equititrust investors had kept their money in ANY of the banks McIvor mentions above... They would still have 100% of their money plus interest... Equititrust was a PONZI SCHEME run by a psychopathic narcissist doling out loans to his dodgy mates... In the end, it all turned into a sh*t show and all the criminals involved turned on each other...
 
No Trust said:
If Equititrust investors had kept their money in ANY of the banks McIvor mentions above... They would still have 100% of their money plus interest... Equititrust was a PONZI SCHEME run by a psychopathic narcissist doling out loans to his dodgy mates... In the end, it all turned into a sh*t show and all the criminals involved turned on each other...
Click to expand...

As advised by his Advisor, and Co- Director, Psychopathic Narcissist Tucker.
 
Tucker is in a vortex, not knowing which way is up and which way is down.... His stress induced behaviour is telling... We know what’s going on in the background... There is a reason that wifey muted all her social media... We know...

Triple_Witching said:
As advised by his Advisor, and Co- Director, Psychopathic Narcissist Tucker.
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What McIvor may not have come to terms with is that ASIC were tipped off about his fraud many years ago... ASIC’s enforcement is it at times, glacial to say the least, however our dealings with them have yielded solid results as it concern McIvor...
The $50M Capital raising was a perfect example.. Tipped off by an Equititrust employee we went to work on ASIC and the fraudsters were called into ASIC in Brisbane to please explain... Long and the short of it - the PDS was pulled after ASIC intervention...

The point I’m making is that the exposure and take down of McIvor via the media and regulators was orchestrated over many years and it hasn’t stopped nor will it.... We’re a 100 steps ahead of McIvor and Tucker...

The heat that Tucker has felt on his heals to date, is but a mere tickle, compared to the blow torch that will soon be applied...

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No Trust said:
Its Valentines Day For Equititrust...

It looks like its "Valentine’s Day"for Equititrust and as usual it has taken pressure from the Media, ASIC and the unwavering pressure from the posts on this web site for a public statement as to the true state of affairs to come out...



Update on Equititrust expected to show $35m in impairments


Colin Kruger
Sydney Morning Herald

February 14, 2011


http://www.smh.com.au/business/prop...o-show-35m-in-impairments-20110213-1as0d.html



Thanks firstly needs to go out to Aussie Stock Forums for providing such an invaluable tool on an already excellent web site allowing Australian Investors to have a voice.

Secondly many thanks to Kostag for starting this thread and his unwavering efforts in bringing the Equititrust saga to the attention of the Australian Public.

To the detractors posting against us and trying to stifle the truth i.e. Equititrust and its many non de plums. You can’t stop the truth and you have not done the right thing by investors by withholding it...

The company has to be forced dragging to make a public statement to fully inform the investors. Its analogous to the Egyptian saga recently played out when the regime tried to stop the flow of information. Look what happened there...

ASIC was justifiably concerned, they had to reveal the full financial picture to them. Can you imagine this outfit was trying to raise another 50M from the unsuspecting Australian Public not having released the Interim Financials whilst hiding the 35M of Impairments during that period. It’s incomprehensible and hence the forced ASIC withdrawal of the PDS. Good work ASIC..

"ASIC also expressed concerns over the company's disclosure related to the Equititrust Income Fund, as well as the fund that was to be used for the $50 million raising". Sydney Morning Herald - Which in effect means you MUSt disclose the 50M in impairments over the last 6 months.


"For investors the write-downs add to apprehensions about the safety of their money after Equititrust admitted last week that up to 80 per cent of its loan book might be in default by the end of this year". Sydney Morning Herald

After not communicating and not disclosing the full financial status of the fund the investors are now expecting to maintain the faith in these guys whilst they have racked up 35M in impairments in 6 months. That’s almost 6M a month..

Last Thursday Kennedy told the Sydney Morning herald there was zero impact on the investors, yet he did not reveal there were 35M of impairments to December until he was forced to do so most likely by ASIC.

What happened to Landsolve and the extra expenditure spent there, total waste of investors’ money and approximately 6M a month in impairments. Landsolve was meant to add value to the assets. What happened there. The company has clearly steered off its path..

Frankly Kennedy has not even been there for 9 months and I don’t think he really knows Equititrust's business..
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Why does McIvor constantly seek to target elderly retirees with his scams ??? This guy doesn’t even respect his own mother or her property which she worked bloody hard for, stealing from innocent people and participating in his crimes for decades... He even lost her home... No loyalty amongst thieves I guess... ¯\_(ツ)_/¯
No Trust said:
Another McIvor Home on the Block

Another McIvor Home on the Block
Quentin Tod
Gold Coast Bulletin
19 November 2011

Page 48 Business with Quentin Tod

" The so-called McIvor mess has widened further, with Equititrust founder Mark McIvor's mother losing her Southport house amid an apparently hostile relationship with her son.

In regard to his mother’s Palm Beach Property the Bulletin writes:

"Caveats put on the property by Mark were removed by a Supreme court Judge in September. Court documents show the caveats were put on without Janice's knowledge."

There is also mention of the impending move to have McIvor Bankrupted...



Wow, I'm speechless... It seems the contents of the court documentation is slowly seeping out...

Hostile relationship with your mother ??? OMG

There is also mention in the Article about McIvor suing his brother and sister last year ???

Eye watering stuff...
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Triple_Witching said:
As advised by his Advisor, and Co- Director, Psychopathic Narcissist Tucker.
Click to expand...

No Cookies | The Courier Mail

No Cookies
www.couriermail.com.au www.couriermail.com.au
 
It’s worth noting, that the transfer of funds from a trust account belonging to a client, (to the benefit of the solicitor administering those funds) to an overseas bank account is highly illegal...

TIP: THERE ARE CLUES EVERYWHERE...

Which head is about to roll next...
 
One hour interview with ASIC this afternoon regarding the Equititrust miscreants.... This is now getting DEADLY SERIOUS...
Investigation of bank accounts under ASIC's (Compulsory Information Gathering Powers) underway... Very impressed with the lead Investigator... Would not want to be in his cross hairs... Holy F#ck what a Pitbull...

ASIC’s compulsory information-gathering powers | ASIC

asic.gov.au asic.gov.au
 
Thanks NO TRUST, and ALL, for your interest ALL !!!

In McIvor's ongoing behaviour ! McIvor deserves his Future, and people need to be protected from him.

Re Tucker & Company. It would Seem, Covid has allowed Tucker and his Thieves to keep hiding everything through late 2020, as the Court Record shows no movment since 24 Sep 2020.

Does anyone know, if anything is moving re Tucker, this Year ??? Thats where there is in excess of $10m+ to be recovered and potential future Criminal Charges.....

I am not aware of any other public information whether the Thieves have broken the Civil Case, due to the $2m security issue.

I DO KNOW SOMEone, who would have seriously considered to put up the $2m, if transparency was available.

As far as I can see., all has stopped for 2020.

Tucker, Wifey and the other like-minded thieves carry on.... stuffing their mouths with others $$$ and hard work.

....or, have a missed something ?

Thanks for ALL Your unpaid Efforts NO TRUST and OTHERS !!!!


No Trust said:
The walls are slowly closing in on Tucker as pressure piles on...
How does it feel "Davey" Boy???
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Screenshot from 2020-11-09 15-15-42.png
Screenshot from 2020-11-09 15-15-42.png
 
McIvor will never raise another dollar from the public again except from his collection cup on the side of a footpath...

As far as Tucker and Cowen are concerned the Liquidators should provide an update...

In terms of the litigation, whether it proceeds or not is of no relevance to the other investigation currently underway...

ASIC has powers to gather information, including bank account records on an immediate basis... Getting this type of discovery through the courts would take forever... The bank accounts of trusts are not immune to being retrieved from banks under the information gathering powers of ASIC... Food for thought there for those who can garner what is going on behind the scenes... The liquidators could not penetrate the skin of Tucker’s nefarious trusts... Like any impenetrable beast, trusts also have ass holes ?... It’s amazing what a stick of plastic explosive ? up the right hole will do...




Triple_Witching said:
Thanks NO TRUST, and ALL, for your interest ALL !!!

In McIvor's ongoing behaviour ! McIvor deserves his Future, and people need to be protected from him.

Re Tucker & Company. It would Seem, Covid has allowed Tucker and his Thieves to keep hiding everything through late 2020, as the Court Record shows no movment since 24 Sep 2020.

Does anyone know, if anything is moving re Tucker, this Year ??? Thats where there is in excess of $10m+ to be recovered and potential future Criminal Charges.....

I am not aware of any other public information whether the Thieves have broken the Civil Case, due to the $2m security issue.

I DO KNOW SOMEone, who would have seriously considered to put up the $2m, if transparency was available.

As far as I can see., all has stopped for 2020.

Tucker, Wifey and the other like-minded thieves carry on.... stuffing their mouths with others $$$ and hard work.

....or, have a missed something ?

Thanks for ALL Your unpaid Efforts NO TRUST and OTHERS !!!!




View attachment 114363
View attachment 114363
Click to expand...
 
In terms of my unpaid efforts... It’s a pleasure to hold these criminals to account... ITS JUST SPORT NOW...

Triple_Witching said:
Thanks NO TRUST, and ALL, for your interest ALL !!!

In McIvor's ongoing behaviour ! McIvor deserves his Future, and people need to be protected from him.

Re Tucker & Company. It would Seem, Covid has allowed Tucker and his Thieves to keep hiding everything through late 2020, as the Court Record shows no movment since 24 Sep 2020.

Does anyone know, if anything is moving re Tucker, this Year ??? Thats where there is in excess of $10m+ to be recovered and potential future Criminal Charges.....

I am not aware of any other public information whether the Thieves have broken the Civil Case, due to the $2m security issue.

I DO KNOW SOMEone, who would have seriously considered to put up the $2m, if transparency was available.

As far as I can see., all has stopped for 2020.

Tucker, Wifey and the other like-minded thieves carry on.... stuffing their mouths with others $$$ and hard work.

....or, have a missed something ?

Thanks for ALL Your unpaid Efforts NO TRUST and OTHERS !!!!




View attachment 114363
View attachment 114363
Click to expand...
 
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