Sins of the Father

Dominique Grubisa suggests that her parents suffered at the hands of a bank –  but is it true?  

Far from being ‘innocent’ consumers ripped off by a bank, both were lawyers who incurred large debt due to her father’s gambling ($14 million over 5 years was reported) and misappropriating clients’ trust money.  They still owed the bank $1.5 million after their three properties were sold.

Grubisa currently claims in one of her videos “I’ve seen my parents lose their home with a lot of equity in it, no word from the bank, no accounting of what was left over and no change given”.   

She shares this, and similar anecdotes, to support her message that when banks repossess a home “equity in a property is fast eaten up in fees and charges banks”.   This is a toned-down version, since her claim that “banks don’t give change” was found by a court to be misleading.

So, what really happened to her parents?

Court records show that after the sale of three properties, Christoper Fitzsimons and his wife Maria still owed $1.5 million to the bank – debt they owed, in part, due to Christopher’s gambling and misappropriation of trust money.

Grubisa’s parents fought legal action for 8 years challenging the bank, and the Law Society’s attempts to remove them from the role (prohibiting them from practising law for life).  Both parents were eventually struck from the role.

Dominique Grubisa is currently defending herself against action by the Law Society of NSW which is seeking a disciplinary finding that she is guilty of professional misconduct on 13 grounds, including her claim that her ‘Vestey Trust’ is effective in preventing creditors from obtaining access to the consumer’s’ assets.

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