Article 5FP57 Warning to Google after advertiser used search engine to mislead investors

Warning to Google after advertiser used search engine to mislead investors

by
Ben Butler
from on (#5FP57)

Australians deceived into risking nest eggs after clicking on Mayfair 101 sponsored links, court rules

The corporate regulator has warned Google to carefully consider the implications of a court decision that found people were misled into tipping money into high-risk investments after following sponsored links in search results.

In a decision handed down on Tuesday, the federal court judge Stewart Anderson found the search ad campaign formed part of a broader pattern of misleading and deceptive conduct by Mayfair 101, an investment company best known for buying Queensland's Dunk Island.

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