Finance company Hanover Group said yesterday it was confident it would not be pulled down by the collapse of Australian get-rich-quick seminar promoter Henry Kaye.
Saturday, December 6th 2003, 11:17AM
by The Landlord
But its subsidiary, Australian Finance Direct (AFD), is at the centre of a storm of controversy on the other side of the Tasman after handing out millions of dollars in high-interest loans to naive seminar attendees to cover the $A4000-55,000 fee to attend Mr Kaye's events, which promised to turn them into property tycoons.
