While the Financial Review was following James Mawhinney’s investment schemes, it turns out he was trying to follow us.
Already a subscriber?On a cold July evening in 2021 in the early stages of the second lockdown, I got a call from my colleague, Jemima Whyte, who insisted we meet in person as soon as possible.
Jemima’s information turned out to match that of law enforcement. To the detective’s relief, I told him this was no surprise and that we had already taken the precaution of sweeping my residence.Still, I didn’t take the matter seriously – most of the information the investigator was providing Mawhinney with was totally bogus.
The conclusion was that the investigator was stringing Mawhinney along to keep him interested. It seems like the consummate salesman was himself sold a story. He certainly had made many enemies, and would make more in time. But the coverage was motivated by the simple fact that Mawhinney had engaged in a multi-million dollar advertising blitz to raise funds and yet there was very little critical coverage about what he was actually selling.urged me to look into the products and report on them. If anything, we took longer than we should have to write about Mawhinney.
I showed up with an allowed guest who analyses fund investments for a living and watched as Mawhinney captivated the audience with his tales of banking sector greed and the exciting opportunities of investing in India.He also told them his grand plans for Dunk Island, which he’d just purchased, prompting a member of the audience to ask whether he was in fact Christopher Skase, the businessman who helped turn Port Douglas into a tourism hotspot before his empire collapsed.
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