A leading Australian property spruiker warned her prospective clients that COVID-19 meant the federal government might try to take their superannuation, but promised she could “bulletproof” their assets for life.
The claims made by Sydney-based lawyer Dominique Grubisa were recorded during a webinar delivered at the height of coronavirus uncertainty in April when she was promoting her “Master Wealth Control” asset protection product.
The recordings give an insight into the methods the charismatic spruiker uses to instil confidence and build rapport with her audience.
“If you have superannuation, you want to protect that now. The current laws say that’s already protected. But in a grab for cash and a time of crisis like this where the government is supporting the whole nation for an indefinite period, that is a big pool of money that is up for grabs and they have the power to enact laws to take that. We want to protect it now,” Ms Grubisa said.
No one in the federal government has ever spoken about taking away superannuation from people to pay for COVID-19 support or anything else.
Ms Grubisa’s Master Wealth product costs about $5000 and she promises it provides a lifetime “force field” around assets. “You’ll become bulletproof. You become that man of straw. You can never ever go backwards … like Rockefeller, you’ll own nothing but control everything,” she said.
Other claims made by Ms Grubisa during online events this year include her ability to give clients an inside legal run because she knows “the judiciary” and “the lawmakers”. She even claimed to have out-performed Cate Blanchett when they were both auditioning before the National Institute of Dramatic Art.
“Hello. I was better than her. She forgot her lines and yet she’s out there living my life. I did everything right but the system let me down,” she said.
Purchasers of Ms Grubisa’s Master Wealth product have told The Sunday Age and Sun-Herald that their assets had not been protected as Ms Grubisa suggested they would be.
In one case, a woman struggling with her business affairs said she was instructed to have her university student daughter place a caveat on her house even though the daughter had no financial ties to the property. The manoeuvre was an attempt to stop anyone repossessing the house to repay the woman’s debts. Lawyers for the woman’s creditors quickly identified that the daughter had no genuine basis for a caveat and had it removed.
Ms Grubisa and her DG Institute are being investigated by federal police over the alleged use of the Family Court list to identify couples going through divorce or others in financial stress to allow her clients to target them with offers for their properties.
In addition to asset protection, a major part of Ms Grubisa’s business is educating fee-paying clients on how to acquire distressed properties at discount prices through her Real Estate Rescue package.
Ms Grubisa has had more than 10,000 clients pass through her DG Institute courses since 2010, turning over millions of dollars.
Despite operating out of Sydney, Ms Grubisa does not have a legal practising certificate in NSW. Rather, she operates under a certificate granted by Victorian authorities. Documents seen by The Sunday Age and Sun-Herald show complaints about Ms Grubisa’s conduct and potentially misleading promotional material have been lodged with the Victorian Legal Services Board.
A spokesman for the board said while he could not comment on any specific investigations, the public needed to know it was unable to prosecute a non-resident of Victoria at the Victorian Civil and Administrative Tribunal but could “vary, suspend or cancel a practising certificate under certain circumstances”.
“We can also immediately vary or suspend a certificate if we consider it necessary in the public interest. Where a matter is raised with us, including via the media, it is within our powers to consider the issues and take action.”
The New South Wales Law Society is also investigating complaints about Ms Grubisa’s conduct, including the use of her parents in her client’s legal affairs even though both were struck off the solicitors’ roll in 2012 and 2013 in relation to the misappropriation of $600,000 in trust account funds.
Ms Grubisa said in a statement that her parents did not provide legal services and had been hired to help with administrative work.
That statement also addressed criticisms of the DG Institute’s products, including claims they sometimes preyed upon the financially vulnerable. Ms Grubisa said in the statement that deals for distressed assets often turned out to be win-win situations for buyer and seller. She also encouraged her students to carefully study the individual characteristics of any prospective deal.
In response to a question about how her Master Wealth Control product provides “lifetime protection” for assets, Ms Grubisa responded: “This question misquotes what is said by Master Wealth Control to be offered. What is offered is an unlimited lifetime professional service whereby clients, for a flat fee, can seek assistance and advice from Master Wealth Control in respect of a range of matters, including but not limited to contract reviews, contractual negotiations as well as upon changes to their asset positions from time to time.”
Fresh documents obtained by the Sunday Age and Sun-Herald show Ms Grubisa’s mother, Maria Fitzsimons, wrote to the registrar of land titles in Queensland in 2016 and described herself as being from “the solicitors acting on behalf of the transferee”. Ms Fitzsimons signed the letter and included the letters “LLB” to signify her law degree.
Know more? Email [email protected]
Source: Thanks smh.com