Nikki Connors’ firm found to have misled property investor

Nikki Connors. (Image: Supplied)

Tue, 24 Dec 2024

Tue, 24 Dec 2024

Propellor Property Investments Limited (PPIL) has been ordered to pay a couple $136,671 in compensation for misleading them about the potential capital growth of a recommended property investment.The decision was made in November before founder Nikki Connors last week announced she was retiring “due to the mental and physical toll of recent years”.A preliminary ruling was made against PPIL in July 2024 and it was upheld on November 12.According to the initial ruling from financial ombudsman Susan Taylor of Financial Services Co...

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