The Citizens Report

Victory in the Sterling First Campaign: Senate Inquiry underway!


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We have achieved significant victories in our war to clean up rampant financial corruption in Australia. By fighting for justice for the elderly victims of the Sterling First scam a Senate Inquiry is now scheduled for Dec 1 into the affair.
On the hot seat in the Inquiry will be the Australian Securities and Investments Commission (ASIC).
Presented here is the case of Sterling First, a scam which targeted elderly victims by promising them that they would have their rent paid for the rest of their lives in exchange for a fixed amount. They were told their money was being put into a trust that would pay the rent. In fact, they were duped into putting their life savings into a convoluted managed investment scheme. When Sterling collapsed in 2019, 140 elderly victims lost everything, and many now face eviction from their homes.
What you can do:
Sign the Citizens Party Petition to create an Australia Post Bank!: https://info.citizensparty.org.au/auspost-bank-petition
Download the Commonwealth Postal Savings Bank Resolution and mobilise local councils and other institutions!: https://citizensparty.org.au/sites/default/files/2021-06/Unite-Australia-in-support-of-the-Commonwealth-Postal-Savings-Bank.pdf
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The Citizens ReportBy Australian Citizens Party


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