BALOS, GEORGE

Loans to Mr George Balos

Exemption Date - 1 September 1997

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

Approx. 50%

of the face value of the investment was returned to each investor from 25 October 2000.  Contact each client to find out exactly how much money was returned and how it was reinvested or disposed of.

25 October 2000

1.7%

of the face value of the investment

1 March 1998

100%

of the face value of the investment

1 September 1997

Income Value

0%

no actual income is being paid

1 September 1997

Note: Mr George Balos also accepted loans using the names of British Marine Bank and Commodities International.

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/deeming-exemptions-register/exempted-failed-investments/balos-george