20-07-2025
- Business
- AU Financial Review
The quiet death of Mayfair 101 founder's ASIC conspiracy theory
One of the longest-running false narratives in Australian business that I have seen in 42 years of finance journalism quietly died this month, but there is no sign it will be buried any time soon.
I am talking about the claim by James Mawhinney, who founded the Mayfair 101 Group of companies, that the COVID-19 pandemic and the Australian Securities and Investments Commission destroyed his $1.6 billion vision for a 'tourism mecca' in Far North Queensland.
