Who wants to be a millionaire? Misleading and deceptive seminar spruiking
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A booming property market provides fertile ground for 'get rich quick' schemes. Australian Competition and Consumer Commission v Henry Kaye and National Investment Institute Pty Ltd  FCA 1363 (the Henry Kaye case) arose out of advertisements promoting free public seminars discussing property investment strategies. These advertisements were broadcast on radio and the internet and appeared in various newspapers in September 2003. The Australian Competition and Consumer Commission (the ACCC) commenced proceedings alleging the respondents had engaged in misleading or deceptive conduct in contravention of s 52 of the Trade Practices Act 1974 (Cth) (the Act).
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