Interview with Jamie McIntyre Re his past battles with ASIC and how he overcame the false allegations raised in 2001
By Jessica Burrows
Interviewer
So Jamie, firstly thank you for being willing to openly discuss the ASIC issues from the past, which I know were somewhat damaging to you and your career for many years and seem to continue to be, despite the fact they were settled some years back.
Can you give us a brief overview of what it was all about and how it started?
Jamie McIntyre
Sure. I'm more than happy to.
The initial issue with the Australian Securities and Investments Commission began back in September 2001.
I was on a business trip to England when I received a phone call from my office in Australia saying my Head Office had just been raided by overzealous ASIC officers with no reasoning or notice.
I immediately guessed why, as only a few weeks before I'd been informed by the CEO of a large Queensland Company that my Financial Controller used to work for them, but was found to be defrauding the company and was convicted of fraud on two previous occasions.
This naturally alarmed me as I had already commenced an internal audit for missing monies and had wrongly believed it was my business partner.
So I informed the financial controller that I'd become aware of her past and was going to report her to the police.
She threatened if I did, she'd go to a contact in the ASIC and cause me a great deal of trouble.
I ignored the threat and reported her to a Detective in Brisbane.
I had nothing to hide from any Government regulator, so I didn't take much notice of her threat, nor was I willing to be blackmailed.
Ignoring her threat, however, turned out to be a big mistake.
So you are saying that the whole ASIC debacle started from a former Financial Controller who was stealing from you and went to a contact in the ASIC?
That's correct.
And it was verified in court documents where ASIC had to admit she contacted them, which is why they launched the investigation. Which pretty much means ASIC was actually colluding with a convicted criminal to attempt to destroy me.
Plus back in 2001, ASIC were targeting the wealth seminar industry, so they were after anyone in the industry to nail so they could be seen to be cracking down on the industry.
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LATEST NEWS - JAMIE MCINTYRE SENDS LETTER TO THE
HON KEVIN RUDD MP
The Hon Kevin Rudd MP
Prime Minister
Parliament House
CANBERRA ACT 2600
CC Tony Windsor MP
24 June 2009
Dear Prime Minister,
This letter is written on behalf of Mr Jamie McIntyre, who is the best selling author of "What I Didn't Learn At School But Wish I Had". He is an entrepreneur and an investor and CEO of the 21st Century Group of companies. He is one of Australia's leading financial educators, having impacted over 250,000 Australian's lives to date.
The purpose of this letter is to request an apology from the Australian Government, who is ultimately in charge of ASIC, for the wrongful and damaging actions of a former ASIC employee.
It is acknowledged that you were not in Government in 2002 when these actions occurred, however Mr McIntyre believes that as leader of the Government today, it is still appropriate to make apologies for past mistakes of former Governments, as has occurred in other cases.
MEDIA RELEASE
August 14th 2007
Update: ASIC and Jamie McIntyre settle out of court
In August 2007 ASIC and Jamie McIntyre agreed to settle the long running case started in 2001 by the ASIC.
As ASIC had failed for some 5 years to have this matter brought back before the courts and thus it was ordered to mediation to settle the matter.
In mediation it was agreed both parties would cease the matter and each party pay their own legal costs. This means not a single allegation raised against Mr McIntyre has been proven by the ASIC.
The original orders granted to ASIC in 2002 were also completely removed. ASIC agreed to add editor's notes to all prevoius media releases re Jamie McIntyre, to highlight for public viewing that the matter has been settled out of court with no findings.
ASIC was also ordered to pay all legal costs for Ms Rajnoch in an associated matter and the Judge dismissed ASICs case against her, as published on ASICs July 2007 media release.
OTHER SITES OF INTEREST
21ST CENTURY ACADEMY
www.21stcenturyacademy.com
Re developing a financial education that should have been taught at school, but isn't.
WORLD SOLUTIONS INSTITUTE
www.worldsolutionsinstitute.com.au
For those interested in Jamie's non profit organisation to combat climate change and other world problems. Free DVD on "Is climate change a myth or reality? Australias inconvenient Truth."
ABOUT JAMIE McINTYRE
Jamie McIntyre is an extraordinary young Australian making a big difference to the quality of other people's lives in this nation. He is a sought after Success Coach (Life Coach) and has travelled the world meeting and learning from some of the very best teachers and leaders on the planet including Anthony Robbins (Unlimited Power), General Norman Schwarzkof (Desert Storm), and Paul Zane Piltzer (Unlimited Wealth), Jay Abrahams (Fortune 500 Marketing Consultant), Robert Kiyosaki (Rich Dad, Poor Dad), and many others.
He became a self made millionaire in his twenties, an entrepreneur, a sought after public speaker, and author. He is founder of 21st Century Group of Companies, including 21st Century Accounting and 21st Century Finance. He is also the founder of 21st Century Academy, an education organisation that has provided a 21st century education to Australians and New Zealanders, and has received a Highly Commended Award from the Australian Achiever Awards. He was, several years ago, nominated as a Young Australian of the Year and has been responsible for educating over 95,000 people through his DVD courses and live seminars. He is a leading advocate for real life education, including Financial literacy to be implemented into high schools nation wide. He believes this will give teenagers the most important skills they will need to excel in the 21st century, and improve what many say is an inadequate and outdated education system. He is also an advocate to change the bias practices of the Financial planning industry, and wants to see Financial planners have to produce real life investment results in their own life before being allowed to advise others in Financial planning.
He is lobbying for improvements to superannuation to ensure Australians can fund themselves in retirement and is critical of the lack of transparency, competency and accountability of regulatory bodies such as ASIC.
21st Century is a corporate authorised representative of Romand and is currently authorised to provide general advice and dealing services in Derivatives, Deposit Products, Managed Investments and Services (ASIC No. 321 314