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Monday, 22 July 2024 11:37

DG Institute ordered to pay $14.7m in consumer refunds, and penalties of $5m, for misleading students in wealth seminars

The Federal Court has today ordered Master Wealth Control Pty Ltd (DG Institute) to pay $5 million in pecuniary penalties for making false or misleading representations to consumers in the promotion and sale of two education programs called Real Estate Rescue (RER) and Master Wealth Control (MWC), and to pay consumer redress totalling $14.7 million to students enrolled in the MWC program.

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