Sterling Group founder Raymond Jones faces court over collapse of retiree housing scheme

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Sterling Group founder Raymond Jones faces court over collapse of retiree housing scheme
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Three men involved in a failed housing scheme which targeted elderly customers appear in a Perth court for allegedly breaching corporate law.

Three men involved in a failed housing scheme which left retirees across the country with huge financial losses have appeared in a Perth court on criminal charges.The company collapsed in 2019 and some investors lost their homesPerth-based Sterling Group marketed its housing products to retirees and seniors as "the smart way to retire."

However, when the companies collapsed in May 2019, customers were left homeless or unable to pay their rent.Today Sterling Group's founder Raymond Jones, his son Ryan Jones and another man, Simon Bell, appeared in the Perth Magistrates Court charged with a string of offences including aiding and abetting a company to engage in dishonest conduct following an investigation by the corporate watchdog.

Jessica was told to stop worrying when her son fell silent at 16 months old. Then she got a second opinionAlex, 84, is being evicted from his home after the collapse of a housing scheme A shareholder revolt may be the least of new Qantas boss Hudson's worries as the ACCC goes in for the killCity stops playing Wiggles music to deter homeless people after 'disappointed' band speaks out

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