More than $ 100 million has disappeared in a financial scandal in the heart of the disabled housing program of the federal government.
Monday Four corners was “empty promises” reported by Jessica Longbottom and produced by Lesley Robinson.
More than $ 100 million has disappeared in a financial scandal in the heart of the disabled housing program of the federal government.
One company lured itself in more than 500 Australians with the promise of glittering high -efficiency and socially good, only to be exposed as one of the most daring investment scam in the country.
Investors were told that their money would help to tackle the crisis with disabled homes while they have been supported by the government, fixed returns. Instead, $ 78 million would have disappeared in a web of failed projects, luxury cars, gambling and offshore companies.
This week on four corners, reporter Jessica Longbottom reveals the cracks on the board of the Housing Market Housing Market in Australia and exposes the failure of systemic regulations.
The specialist invalidation program of the government, part of the NDIS, was intended to transform lives, but it was handed over to a poorly regulated private sector.
Four Corners is investigating how the program, brought on the market as an ethical investment, has become in a nutritional soil for ownership sharks and has led to streets of empty houses throughout the country.
The program asks: is this once in a generation opportunity that runs the risk of collapsing in the midst of fraud, waste and shattered trust?
Monday, August 25 at 8.30 pm on ABC.
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