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Hi there and thanks again for your help. I'm not sure if he meant that the sharemarket college has 10 000 members or over the years the number of members add up to 10 000 but I think he meant the latter. That's kind of how we took it anyway.What really scares us the most is that he told us they advise everyone who is thinking of becoming a member to open a SMSF through them so you can pay for the course. Seriously I thought I was going to faint when our accountant told us I could go to prison for 5 years if I went through with it and my wife and I hope that other members have not gone to jail either. We have decided to leave our super with our current fund and to hope we never get called by another telemarketer ever again!Part of me wants to hear other peoples experiences and part of me just wants to hide and pretend this never happens. At my age I do not want to go to jail.
Hi there and thanks again for your help. I'm not sure if he meant that the sharemarket college has 10 000 members or over the years the number of members add up to 10 000 but I think he meant the latter. That's kind of how we took it anyway.
What really scares us the most is that he told us they advise everyone who is thinking of becoming a member to open a SMSF through them so you can pay for the course. Seriously I thought I was going to faint when our accountant told us I could go to prison for 5 years if I went through with it and my wife and I hope that other members have not gone to jail either. We have decided to leave our super with our current fund and to hope we never get called by another telemarketer ever again!
Part of me wants to hear other peoples experiences and part of me just wants to hide and pretend this never happens. At my age I do not want to go to jail.
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