“Late last year I came up with an idea. Just as ex-Beatle, George Harrison, once had a concert for the victims of Bangladesh, I thought I’d have a concert for the victims of Bangaru.”
(An article from the Jenman website.)
Millions of Australians have heard of Kovelan Bangaru. The 40-year-old South African property spruiker cheated several people out of millions of dollars before fleeing to the United States back in August 2005.
During an almost five year rampaging rip-off spree, Bangaru lived in a ten million dollar penthouse and drove around Sydney in a series of luxury cars – a Bentley, a Porsche, a BMW and, his most well-known vehicle, a million dollar Mercedes Maybach.
Today Kovelan Bangaru is in a Sydney jail after being extradited back to Australia. Last Friday, February 1, he pleaded guilty to 11 criminal charges of fraud involving $26 million. This Friday, February 8, he will appear in court for a date to be set for his sentencing.
But none of this helps his victims. They are still suffering. Several are still fighting to save their homes. One victim is Maria Di Benedetto, a young mother who appeared on television in August 2005, when 60 Minutes aired a story on Bangaru.
At the end of that story, I vowed to fight to save Maria’s home by allowing her to have financial assistance from our consumer protection fund.
Now, almost three years later, a massive legal battle still rages and the fund is several hundred thousand dollars poorer. But, at least Maria and her family are still in their home. Barely.
However, they (and many other victims of many other spruikers) desperately need more help to fight to save their homes.
To fund these fights, I have, for years, relied on financial help from a small group of wonderful agents who carry my APPROVED accreditation. But, despite their generosity, it’s not enough. More money is needed.
Since 2006, I have also relied on help from Real Estate Monitors (if you are selling a property, you can help us to help people like Maria). But, at the moment, that’s still not enough. In the past five years, we have spent millions of dollars fighting to save and protect consumers. It takes a lot of money to fight crooks.
And so, late last year I came up with an idea. Just as ex-Beatle, George Harrison, once had a concert for the victims of Bangladesh, I thought I’d have a concert for the victims of Bangaru.
Continue reading “The Concert For Bangaru – Raising money for the victims of spruikers.”