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Whatever you do , Dont believe a word from Custodian wealth builders!!if you come across them. They run seminars on investing. Yep “7 steps to wealth” a book by JLF or John Fitzgerald. I invested my superannuation with Custodian Land syndicate which is owned and managed by this lot. I am about to lose 2/3s of my investment $240k. Prospectus said 13% over 3 years. Now, after 6 years I will get 35% of my initial investment back ( maybe). Sure “7 steps to wealth ” for John Fitzgerald himself and Custodian wealth builders!!!
Im one of the suckers that invested in Custodian Land sydicate which is managed by Custodian wealth Builders. Went to the seminar, was hounded by phone spruikers and buckled under pressure to invest my superannuation into Custodian Land syndicate Cunningham Rise.( $185K ) Prospectus said a return of 13% over 3 years. Now awaiting for 6 years to come I may get back>>>>>> wait for it>>>>>>a total of 36% of my total investment. yep bye bye retirement. JLF and his mates are legally entitled to run investment schemes without any legal reprecussions when they are totally mismanaged run a gross loss at honest peoples expense.It appears they almost do it on purpose without any due care or attention. Yes they are still out there. John should be putting out his new edition 7 steps to wealth soon. At my expense.!!!
