| Millionaire Burned After Claiming A Special Relationship With The ACCC |
| Written by Lisa Ptasznik | |||
| Wednesday, 19 May 2010 11:19 | |||
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Late last year, the ACCC brought proceedings against Refund Home Loan Pty Ltd (RHL) and its founding managing director Wayne Rodney Ormond for making false and misleading representations regarding its alleged special relationship with ACCC, in breach of the Trade Practices Act 1974 (the Act).
Commenting on the outcome of the decision, ACCC Chairman Graeme Samuels stressed that "using the name of the ACCC or individual ACCC officers as a means of discouraging franchisees from exploring their own legal rights is reprehensible ... and to mislead them in this manner is an abuse of trust." This article is available in full at Mondaq.
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