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Victims of Vestar website launched

Thursday 19 June 2008, 10:19PM

By Exposing Unacceptable Financial Activities

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A new website Victims of Vestar was launched this week for disaffected clients of Vestar. This is not a EUFA site but we support the concept for people to have a change to have freedom of speech.

The website is intended to act as a focal point for Vestar clients who are upset about losing their life savings. Victims of Vestar wants to help investors prepare a case against Vestar.

The site was set up by a risk-averse couple who invested their house deposit on a short term basis through Vestar. Five of the six finance companies they were invested into are now in receivership or default.

Anger at losing most of their house deposit drove them to join the action group EUFA and independently set up the Victims of Vestar website.

Disgruntled investors can join at www.vov.co.nz.

EUFA is happy to support investors who have the ability to set up websites, to do so, as it is a good forum to compare, learn from each other and give power to the people.