This is true – Zenon Group Pty Ltd domain registration is to Colin MacVicar at Zenon Group Pty Ltd, which in turn is registered with ASIC as:

“ZENON GROUP PTY LTD” (not be confused with “ZENON GROUP PTY LIMITED” which is in liquidation).

According to the ASIC company register, the former company has Trent MacVicar as a Director and Colin MacVicar as a former Director. Colin is reported in the media (Gold Coast Bulletin, February 5, 2016 ) to be one of three Directors in the Members Alliance business at Robina, Queensland, along with Richard Marlborough and David Domingo.
Trent Macvicar is Colin Macvicars son and both Trent and Colin gave the same residential address in Carrara, Qld (10 minutes drive from Robina) to ASIC, which was also the principal place of business of Zenon Group Pty Ltd.

Trent states on his LinkedIn site https://www.linkedin.com/in/trent-macvicar-6b88a894 that he is Sales Manager at Zenon Group. Trent says that he previously worked for an unspecified financial services company in Robina, Qld from 2009 to 2014.
Zenon Group Pty Ltd is wholly owned by Malia Meachem (Nee Macvicar) who is Colin Macvicars daughter – residing at Worongary, Qld in another address owned by Colin Macvicar (also 10 minutes drive from Robina) and she is also the Company Secretary.
She says https://www.linkedin.com/in/malia-meachem-73b974113 that she has been Group Director at Zenon Group since last year. Malia lists no role for 2013 and 2014.

Members Alliance was one of the biggest “financial services” companies in Robina that, according to the Gold Coast Bulletin report, had 220 employees and 3,500 m2 of prime office space across five floors in “The Rocket”, the old Allconnex water utility building.
Additionally MA owes the Gold Coast City Council $1.1 million in rent arrears.
Gold Coast City Council unlikely to recoup $1.1m rent from failed tenant

The way businesses like Zenon Group, Members Alliance and Iridium Capital operate is beyond 3 types of shady.
Under the guise of providing financial advice – they implement high pressure sales tactics to spruik overpriced property in low socioeconomic areas with little to no chance of getting the rental return they claim.

How they make their money is as simple as it is reprehensible

They do not tell you about the property that you are buying as they do not want you to research it until it is too late…
at the 4 -5 hour meeting, you will be convinced by the “‘strategist” that unless you do as they say you will be living in a cardboard box in Hyde park by the time you retire.

They then get you to see the Finance specialist who has already decided which bank you are going to finance with (which is totally against APRA compliance regulations).

They will convince you that you NEED to refinance your home loan…. commission payment number 1
… then do an equity release…. commission payment number 2
…. and then a third loan for the actual property … commission payment number 3
and finally the big payout …. a commission from the developer in the realms of between $30K-$60K+ per property (incidentally very close to how overvalued the property is … surprise, surprise)

Like anything in life if you are getting something of value for free (in this case Financial advice) then you are the product!

That said though, these people are unscrupulous, unconscionable and should be in jail for fraud – the only wealth they are interested in creating is their own and they get that by taking from yours.