Podcast
Questions and Answers
What was the common mistake made by the victims of the scam?
What was the common mistake made by the victims of the scam?
- They were too greedy
- They were too trusting (correct)
- They were desperate for housing
- They were uninformed
How much money did the scammers pocket from the scam?
How much money did the scammers pocket from the scam?
- Billions of dollars
- Hundreds of millions of dollars (correct)
- Thousands of dollars
- A few million dollars
Who is Vic Ollis as described in the script?
Who is Vic Ollis as described in the script?
- An investment banker
- A financial advisor
- A real estate agent
- A convicted felon (correct)
What is the role of Vic Ollis's offsider in the scam?
What is the role of Vic Ollis's offsider in the scam?
What was the original name for the scam mentioned in the text?
What was the original name for the scam mentioned in the text?
How many major companies were engaged in two-tier marketing on the Gold Coast?
How many major companies were engaged in two-tier marketing on the Gold Coast?
What did one marketeer add to the price of each property sold?
What did one marketeer add to the price of each property sold?
What is the first step of the scam as described in the text?
What is the first step of the scam as described in the text?
Did Bev Chisholm's bank conduct a valuation on the investment property?
Did Bev Chisholm's bank conduct a valuation on the investment property?
How much did the Chisholms borrow for a property worth less than forty thousand dollars?
How much did the Chisholms borrow for a property worth less than forty thousand dollars?
What did Neil Jenman do before working to expose real estate scams?
What did Neil Jenman do before working to expose real estate scams?
What did John Simon, founder of Aussie Home Loans, advise against?
What did John Simon, founder of Aussie Home Loans, advise against?
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