EXCLUSIVE
Henry Kaye’s major NSW sales arm
shuts down
Ted McDonnell
Henry Kaye’s property empire started showing signs of disintegration yesterday when its main source of leads in New South Wales, the Empower Group, closed its doors.
Empower was National Investment Institute’s master agency in NSW providing thousands of leads for Kaye’s NII through door knocking, cold calls and shopping centre spruiks.
propertyreview.com.au spoke to the three main players in NII, Henry Kaye, Alan Meagher and Brian Barnard late yesterday evening for a comment, but all were hesitant to discuss the future of their property education empire.
Kaye refused to comment on Empower asking propertyreview.com.au to refer all questions to Brian Barnard. Meagher said he knew nothing about Empower’s closure.
Barnard, confirmed, however, that Empower had closed its doors, but would not give specifics as to why the NII’s major source of NSW leads had shut up shop.
“They were our New South Wales sales arm. They have closed,” Barnard confirmed.
When asked whether Empower’s closure signalled the beginning of the end for NII, Barnard said it would be business as usual for the group tomorrow.
“They were our New South Wales sales arm. They have closed,”
Kaye refused to answer the same question.
Empower, based in Forbes Street, Woolloomooloo, offered people free in home consultations. The participants were told the “Free” consultations would normally cost in excess of $300.
From that point, Empower would sign up participants for a $45 “Unlimited Wealth” workshop promoting a ‘money-back guarantee’. NII promised the course was government approved with full education accreditation.
The next step for an “inductee” was the “Property Mastermind” course at a cost of $990.
NII would be “individually select” course participants to go further in their Mastery series with courses costing between $14,000 and up to $55,000.
This year, has not been a good one for property millionaire Kaye. He has been hauled before the Courts on a number of occasions by the Australian Securities & Investments Commission and more recently the Australian Competition & Consumers Commission.
Kaye is still facing charges laid by the ACCC for misleading and deceptive conduct over his ill-fated “Property Millionaire Challenge” which was aborted. He is also to face ASIC again in the Federal Court over enforceable undertakings and refunds to course participants, who believed NII’s courses were ASIC approved.
In March, Kaye was forced to resign as a director of major developer Urban Property Corporation. One of his other companies, Vilacon Corporation, only recently sold its shareholding in UPC.
A rumour doing property circles earlier this week that Kaye had fled to Israel proved to be just another episode in the Henry Kaye saga.
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
I cant beleive how much crap we have accumulated …. we keep filling boxes and it never ends LOL…. [][][]
The kids have WAY too many toys !…
and we have a tool shed and garage full of stuff… i will be glad to see the other side of the move…. bring on Sunday !!…
[][][]
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
yeah they both get a ton of chocolate from aunts, uncles, grandparents, etc… its a big choc feast.. LOL, they do the same they eat one small (or break one up) item each night till its gone..
We still had some left 6 months later. But the seed were like M&Ms but yellow, so a few went into the ground the rest in the mouth ..LOL
[][][][]
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
.. we live in a confusing world.. At easter, we got the “Cabury easter thing”, there are small yellow seeds inside a “Magical” Easter egg.. the kids need to plant these (chocolate seeds) into the ground, so it grows easter eggs for next year….. etc…
So we did the thing…. and had to BURY them deep, we have dogs… LOL
Well for weeks the kids were asking, when will it grow !!!!!!.
..after all, a talking/walking easter bunyip told them to plant chocolate seeds in the ground….
I think we live in world of psychopaths that teach our children some weird stuff… and we just accept it as “how cute” LOL
[]
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
.. I would love Pinky to take the day off.. just 1 day off!.. (she can be a work-a-holic when she want too…LOL)
With all the furniture, the animals, the kids, the boxes, the headaches, I dont want a day of disaster… at least she can help with pounding my head against the house… LOL []
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
..haha… it amazes me, with all the resources that are looking for him, and the satellite scanning, etc… they still cant find him… all the power in the world and they still cant find him.
[]
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
Martha’s way #8:
When a cake recipe calls for flouring the baking pan,
use a bit of the
dry cake mix instead and there won’t be any white mess
on the outside
of the cake.
My way:
Go to the bakery. They’ll even decorate it for you.
its always the simple ideas that are the best… LOL [][][]
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)