Buyer's agency Dashdot collapses, leaving hundreds of clients facing major financial losses
By
Lin Lin
Summary
Dashdot, a buyer's agency, has collapsed leaving hundreds of customers who paid large up-front fees potentially tens of thousands of dollars out of pocket. Clients like Matthew, a 50-year-old tradesman who paid $23,100 upfront to secure an investment property for his children's future, are now facing financial uncertainty. Liquidators report at least 700 clients could be affected, with many fearing they may not recover their money. The company had differentiated itself by allowing clients to speak directly with their account manager before paying.
Source
bskyBuyer's agency Dashdot collapses, leaving hundreds of clients facing major financial lossesabc.net.auKey quotes
· 3 pulledWhen Matthew paid Dashdot $23,100 up-front, he believed he was taking a step towards securing his children's financial future.
He said what set the company apart was that it allowed him to speak to the person who would manage his account before he paid.
Liquidators say at least 700 Dashdot clients could be caught up in the buyer's agency collapse, with some who paid large up-front fees fearing they may not get their money back.
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