found more than 130 investors chasing $23.5 million of unpaid loans and interest from six collapsed companies linked to Mr Hopkins, four of which advanced money to entities related to Melbourne-based property developer Greg Shaw, 47, which failed to pay the money and promised interest back.
Sasha Hopkins from The A Team Property Group presents ... Super Secondary Strategies To Boost You Closer to Financial Freedom.Two of the five strategies use language such as “returns guaranteed” in bolded text, while another uses terms such as “minimum expected monthly income”. The use of the term “returns guaranteed”, however, is controversial given the phrase is often seen as a regulatory red flag. Guidance issued by the Australian Securities and Investments Commission in March explained use of the term “guaranteed” is likely to trigger laws around financial advice or misleading and deceptive conduct.
“I am very excited about this opportunity. As always, only invest what you can afford to lose. The returns are absolutely mind blowing though. I would rather invest a little and lose than not have a go and miss out,” Mr Hopkins wrote in the document.“This again is not ever going to be my primary investment strategy. It is for smaller amounts to generate cash flow whilst my larger assets like property and property development compound and grow.
“I have gone quite heavy on this investment as I have been reading and following for a while now. I have met a few people who have made serious money from bitcoin. There are many other smaller companies trying to take advantage of this new currency. Ms Ignatova disappeared in 2017, although her brother Konstantin Ignatov admitted his role in the fraud and pleaded guilty to charges including money laundering and fraud. OneCoin and Ms Ignatova are the subject of a BBC podcast series,about the scheme.A Team’s offerings beyond property became more sophisticated as time went on, with Mr Hopkins and former employee Dennis Lee setting up Freelife Capital Pty Ltd., was sent by Mr Hopkins and listed A Team as a promoter of the FLC Investment Fund.