Wednesday 28 November 2018
Massive fines for property spruiker Rick Otton
Property spruiker Rick Otton and We Buy Houses fined record $18 million While I haven't read the judgment yet, $18 million sounds like a mighty high penalty under the ACL, particularly the $6 million against Rick Otton personally. It will be interesting to see how Judge Gleeson arrived at that number.
https://www.accc.gov.au/media-release/property-spruiker-rick-otton-and-we-buy-houses-fined-record-18-million
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