Author Archives: carolynbond

Rick Otton – the aftermath

Rick Otton has had a lasting impact on some of his students, and similar risks are there for students of other wealth mentors, including Dominique Grubisa. Also see ‘Rick Otton what harm did he do?’ Property guru Rick Otton didn’t … Continue reading

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“Heaps of houses and heaps of money!”

Sheree Becker, one of Otton’s “advanced mentoring students” has been found guilty of seven charges of obtaining financial advantage by deception.  She is yet to be sentenced.   Feted by Otton (he referred to her as “advanced mentoring student” and “Doctor of Real … Continue reading

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Dominique Grubisa prohibited from legal practice

On 22 June 2022, the Victorian regulator for lawyers announced that Grubisa “no longer holds a practising certificate in Victoria” and is “not entitled to engage in legal practice anywhere in Australia”.

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Dominique Grubisa banned by ASIC for 4 years.

ASIC has banned Grubisa for four years from “engaging in credit activity, providing financial services, performing any function in a credit entity, or controlling a credit entity or financial services business”

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Are you a “vulture” if you deal with distressed property?

Also see, Dominique Grubisa and DG Institute, Dominique Grubisa and DG Institute – Part 2, Dominique Grubisa, Master Wealth Control & Vestey Trust, https://thenaysayer.net/media-dominique-grubisa-dg-institute/ Dominique Grubisa claims that “there is a misconception that taking over distressed properties is preying on struggling families”, and … Continue reading

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Dominique Grubisa, Master Wealth Control & Vestey Trust

See my other posts about Dominique Grubisa. Dominique Grubisa and her companies offer a range of courses and products, including a course on finding ‘below market value’ properties and negotiating deals with distressed sellers (which I write about here), a … Continue reading

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Dominique Grubisa and DG Institute – Part 2

Read an overview of my concerns about Grubisa’s Real Estate Rescue technique here. Also Are you a Vulture if you Buy Distressed property? This post considers some issues in more detail. These are my views on some content of Grubisa’s … Continue reading

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Rick Otton – What harm did he do?

The Federal Court has imposed record fines on Otton and his company for misleading his students and the public – but what harm was caused? Some of Otton’s students lost money, or were prosecuted by regulators, for using his strategies, … Continue reading

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Record Penalty for Rick Otton

On 15 November 2018, Rick Otton and We Buy Houses received the highest penalties ever imposed in Australia for breach of Australian Consumer Law. The Federal Court imposed penalties totalling $18 million against We Buy Houses Pty Ltd (We Buy … Continue reading

Posted in Property Seminars, Rent to Buy, Rent to Buy Houses, rent to own, Rick Otton, vendor terms | Tagged , , , | Leave a comment

“Real Estate Rescue”, Dominique Grubisa and DG Institute

Also see more recent posts re Real Estate Rescue,  dealing with distressed property and Dominique’s ‘Master Wealth Control’. I have not attended a DG Institute (DG) seminar, however I have concerns that her students (“investors”) may be entering into complex … Continue reading

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