Great Southern loan deal to Javelin

[javelinscam]

hi to all. this is my first post so not sure how this works. i have been fighting the criminals behind the Great Southern scam and particularly the Javelin Asset Management crew, and finally I have a win!!!! I am urgently seeking contact with anyone who had a loan sold to Javelin. if your loan was sold to them or you know of anyone whos loan was sold to them please contact me. i have hit many brick walls over the years dealing with these guys and what i have uncovered will possibly help us all. it does not matter if you have already made an arrangement with them or paid out your loan to them this may be of benifit in helping you recover some of your losses.

 

[Castra80]

hi to all. this is my first post so not sure how this works. i have been fighting the criminals behind the Great Southern scam and particularly the Javelin Asset Management crew, and finally I have a win!!!! I am urgently seeking contact with anyone who had a loan sold to Javelin. if your loan was sold to them or you know of anyone whos loan was sold to them please contact me. i have hit many brick walls over the years dealing with these guys and what i have uncovered will possibly help us all. it does not matter if you have already made an arrangement with them or paid out your loan to them this may be of benifit in helping you recover some of your losses.

Very intrested lambieallan@gmail.com
Regards allan

 

[beachkmc]

Yes interested too, please touch base with me sandi.mcnamara@hotmail.com
Many thanks

 

[JavelinScam2]

hi to all. this is my first post so not sure how this works. i have been fighting the criminals behind the Great Southern scam and particularly the Javelin Asset Management crew, and finally I have a win!!!! I am urgently seeking contact with anyone who had a loan sold to Javelin. if your loan was sold to them or you know of anyone whos loan was sold to them please contact me. i have hit many brick walls over the years dealing with these guys and what i have uncovered will possibly help us all. it does not matter if you have already made an arrangement with them or paid out your loan to them this may be of benifit in helping you recover some of your losses.

Good afternoon, my apologies for lending my support to the cause against the Javelin Asset Management Criminals. I'm basically destroyed by the process and having nothing to lose, will support any action to utmost of my ability. Thanks for you ray of light and please feel free to contact me at ps@armadillogroup.com Thanks

 

[JavelinScam2]

CORRECTION ... my previous response should read; "Good afternoon, my apologies for not lending my support earlier to the cause against the Javelin Asset Management Criminals.

 

[Sophie1234]

hi to all. this is my first post so not sure how this works. i have been fighting the criminals behind the Great Southern scam and particularly the Javelin Asset Management crew, and finally I have a win!!!! I am urgently seeking contact with anyone who had a loan sold to Javelin. if your loan was sold to them or you know of anyone whos loan was sold to them please contact me. i have hit many brick walls over the years dealing with these guys and what i have uncovered will possibly help us all. it does not matter if you have already made an arrangement with them or paid out your loan to them this may be of benifit in helping you recover some of your losses.

How do we contact you javelin scam?

 

[DB008]

Wow. Lots of 1st time posters, all in this thread. With their personal e-mails out in the open.

Something doesn't sit right.


Anyways, Google did turn up some news on this topic...

Great Southern director Jeff Mews hopes for end to 'four years of hell'

Former Great Southern director Jeff Mews flew from Perth to Melbourne on Sunday, hoping an end to "four years of hell" may be in sight.
The 70-year-old retired businessman will learn early this week whether the Victorian Supreme Court will approve a settlement of a class action with Bendigo and Adelaide Bank and Javelin Asset Management after the $1.8 billion collapse of the investment scheme in 2009.
On Thursday, Victorian Supreme Court justice James Judd wrote to plaintiffs and defendants arguing he should be allowed to read Justice Clyde Croft's judgment, which was stopped by the settlement two days before it was due to be given on July 25.


http://www.smh.com.au/business/great-southern-director-jeff-mews-hopes-for-end-to-four-years-of-hell-20141026-11c1ab.html#ixzz3TDO039Nl

 

[javelinscam]

How do we contact you javelin scam?

hi sophie post your email and i will give you my contact number. i am genuine and i hope i can be of assistance to you.

 

[Hodgie]

Wow. Lots of 1st time posters, all in this thread. With their personal e-mails out in the open.

Something doesn't sit right.


Anyways, Google did turn up some news on this topic...

Given the thread tittle I think it is specifically about this. The following is extracted from the deed of settlement which was a result of those ongoing court cases.

3. Loans entered into to fund the investments and now held by Javelin will be admitted
as valid and enforceable with the borrowers having 28 days from the Approval Date
to make an election to either:

a. Make payment of the outstanding loan balance in full within 14 days of
making the election and receive a 20% discount on the loan balance (being
the balance as at 1 May 2014); or

b. Agree to a deferred settlement with the loan balance discounted by 17% if the
balance is met by way of 12 equal monthly payments; or

c. Agree to an extended term where the terms are varied so that the first 12
months after the Approval Date are interest free and then 5% per annum for
the remainder of the Revised Term.

Obviously investors don't want to pay the loans back as they think they were scammed. Which they very well may have been.

As we see all too often sadly, the insurance taken out by this product provider was far too inadequate to meet payments in the events that claims were made. Only a quarter of a million going to Javelin, if the insurance companies don't pay them out then it is left to the investors.

1. The insurers of Great Southern Managers Australia Limited (“GSMAL”) will pay
$23.8 million, to be disbursed as follows:

a. $20 million to M+K Clients, to be disbursed pro rata based on amounts paid
by each M+K Client to M+K;

b. $250,000 to Javelin Asset Management Pty Ltd (“Javelin”);

c. $3.55 million to be disbursed pro rata to investors who invested pursuant to a
PDS issued in relation to a scheme managed by GSMAL, such disbursement
to take place in accordance with the terms of a proposed Scheme of
Arrangement (to be established pursuant to court orders).

 

[Sophie1234]

hi sophie post your email and i will give you my contact number. i am genuine and i hope i can be of assistance to you.

Email address is rockyroad5657 thanks look forward to talking to you

 

[Sophie1234]

Email address is rockyroad5657 thanks look forward to talking to you

Whoops email address is rockyroad5657@yahoo.com sorry left that last little bit out !!!!!

 

[Ladydee]

Re: Great Southern loan deal to Javelin BEN

Hi, is anyone negotiating with Bendigo Bank for Great Southern loan payments?
I would like to compare notes...I am hoping not to sell my house to end this sad, sordid affair.
Thank you

 

[Hunting]

Lets not allow this thread to die down. Javelin is expecting that no loan will end up in front of the judge and most investors will try to come to some sort of arrangement. Given that all investors/borrowers are individually represented it is in the best interest of their legal representative to come to the arrangement. As always lawyers will win at the cost of the borrowers who have already experienced their investments evaporated in thin air. Javelin do not have any solid grounds to make the inflated claim, however they are expecting that no one will challenge because of the cost and hassle involved. However if we can all share anything new or incriminating we discover please share in this thread.

 

[Hunting]

hi to all. this is my first post so not sure how this works. i have been fighting the criminals behind the Great Southern scam and particularly the Javelin Asset Management crew, and finally I have a win!!!! I am urgently seeking contact with anyone who had a loan sold to Javelin. if your loan was sold to them or you know of anyone whos loan was sold to them please contact me. i have hit many brick walls over the years dealing with these guys and what i have uncovered will possibly help us all. it does not matter if you have already made an arrangement with them or paid out your loan to them this may be of benifit in helping you recover some of your losses.

Please share your finding with me at hunter000731@yahoo.com

 

[JMT781000]

hi to all. this is my first post so not sure how this works. i have been fighting the criminals behind the Great Southern scam and particularly the Javelin Asset Management crew, and finally I have a win!!!! I am urgently seeking contact with anyone who had a loan sold to Javelin. if your loan was sold to them or you know of anyone whos loan was sold to them please contact me. i have hit many brick walls over the years dealing with these guys and what i have uncovered will possibly help us all. it does not matter if you have already made an arrangement with them or paid out your loan to them this may be of benifit in helping you recover some of your losses.

Hi, would really appreciate some help jmt781000@gmail.com