Kaye promises to make us millionaires
Property investment spruiker Henry Kaye has offered to donate $1 million to charity if he fails to teach ordinary Australians how to become millionaires within six months. Kaye also stated that his critics have a “hidden agenda”. He was responding to criticism of his investment seminars in the wake of a ruling by the Federal Court that he repay clients their seminar fees of up to $55,000. The action was brought by ASIC after Kaye and National Investment Institute advertised that their courses were endorsed by the watchdog.