ASIC sues Commonwealth Bank for misleading conduct over monthly fees

The Australian Securities and Investments Commission (ASIC) has launched legal action in the Federal Court against the Commonwealth Bank, alleging it incorrectly charged monthly access fees to almost a million customers. ASIC is claiming that for a period of nine years, from June 2010 and 11 September 2019, the Commonwealth Bank charged monthly access fees […]
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Nicholas ‘Nick’ Statman entered the property industry in 2001 and set up a property buying company that quickly established itself as one of the biggest in the sector. During this time the Company successfully transacted on thousands of residential properties across the UK. Nicholas Statman was an early pioneer of the ‘quick sale’ niche market which has since grown considerably with a multitude of companies now operating in the sector. Nicholas Statman has strategically built a sizeable residential and commercial property portfolio with a view to holding for optimum capital growth and a long term passive income. Nicholas Statman has been involved in almost every aspect of the property sector over a 20 year period – this includes buying and selling, development, letting and management and is now involved in the fast growing online/ hybrid Estate Agent industry.

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