No mention of a fund etc or who regulates it.
Because they are going to use the money that they collect from the investors as leaverage and for every 100K they get from you they will get a further 300K from the bank at the 5% which will mean that the average that they will pay out will be 7.5% even if they give you 15%.If you think about it logically, it doesn't make a lot of sense.
If they have devised a scheme that can produce a guaranteed 15% annual return, why are they raising funds from the public to invest in it? If they can show the return is certain, any bank would be happy to lend at 5% or 6%, leaving them with a handy 9% margin.
If you do ring them, ask them why they're not doing this instead of unnecessarily handing over money to individual investors.
Comparison was made with ''Augusta Fund'' as mentioned by F. Kruger above (of which I know nothing about).
To rub salt in it, from their website, Muldowney Group do offer investment services and mortgage services that are regulated by the Financial Regulator. So if they are advising their clients to invest in a Managed Property Fund (regulated), they must go through the whole process of fact-finding, Terms of Business, disclosure of commission, abide by advertising rules etc. But if they advise a client to invest in a direct property investment (unregulated), none of this applies.
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