The Australia Federal Court has ordered Master Wealth Control Pty Ltd, operating as DG Institute, to pay AUD $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 totaling $14.7 million to students enrolled in the MWC program.
The redress orders made by the Court require DG Institute refund consumers an amount equivalent to the course fees paid by more than 2100 students who enrolled in the MWC program between April 2017 and November 2022.
DG Institute’s sole director, Dominique Grubisa, was also ordered to pay $1 million in penalties, and disqualified from managing corporations for five years, for being knowingly concerned in the contraventions by DG Institute.
The DG Institute website at dginstitute.com.au has since been taken down…
Read More
