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BFCSA: Challenger and Brian Benari: would you trust this man? Would you trust ASIC?

Posted by on in Consumers Fight Back
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Sean Butler has created a website.  Sean is a decent person whom I had the pleasure of meeting on 8th August 2012 at Parliament House.  He gave evidence soon after ASIC which was after me at 2pm

You should read his site on Brian Benari and CHALLENGER SUPERANNUATION FUNDS

These are Sean’s stories:


Sean has decided to reveal basic truths about Brian Benari in relation to his case.  On 8th August Sean gave evidence in the Senate Inquiry into Banking.

Sean hope to warn those who have come across this man Benari – this serves as a genuine warning to others.

Problem is Benari is now the CEO of one of Australia’s largest investment Banks and in the view of previous customers is not a fit and proper person to hold that role.

"If he treats investors in Challengers investment products the way he has treated me then God help them", said Sean.

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  • Denise
    Denise Wednesday, 13 February 2013

    Why is it that people who run investment banks, super funds seem to crawl out from under a rock? [email protected] I suggest you read Sean Butler's Parliamentary Transcript of evidence.

  • doyla66
    doyla66 Thursday, 14 February 2013

    I have read Sean Butlers evidence to Parliament. Sean Butler is a decent man that has been a victim of legalised extortion by those criminal, morally bankrupt, bank executives, that have absolutely no integrity.
    For the Government and authorities to allow this sort of behaviour to continue shows just how corrupt Australia's financial system has become.
    It MUST be stopped.

    If the Law is not upheld then we must take the Law into our own hands.

    Decent people like Sean Butler should not be ripped off by these scum.

    Those banksters responsible should be hung by the neck.

  • doyla66
    doyla66 Thursday, 14 February 2013

    EXACTLY KYLE. I too have read Sean's website. Challenger is challenged in the head, for keeping on paying this con artist Benari to oversee things for stakeholders.

  • doyla66
    doyla66 Thursday, 14 February 2013

    Sean Butler

    Thank you Denise,
    BRIAN BENARIs behaviour in our case is a disgrace.
    If this warning stops him doing the same to others it will be worth it.
    In this case you have an individual in charge of a large financial institution that is dishonest with hard evidence to prove it… not just a Bank that is a faceless monolith.
    This financial institution, CHALLENGER, is collecting peoples superannuation and savings. God help them if he does the same to them as he has to our family. They could risk losing everything. We have lost everything because of his actions and I and my family will seek justice by every legal means possible, starting with exposing his actions to the broader financial community.
    Thank you for your help on this.
    Kind Regards,
    Sean Butler.

  • doyla66
    doyla66 Sunday, 17 February 2013

    Time for these greedy, immoral, financial psychopaths to be held accountable for their CRIMINAL actions. I cannot believe that these white collar criminals can get away with this extortion.
    It must be stopped. These criminals MUST go to jail.

    Keep fighting Sean & family, - we support you all the way.

    Benari - you are scum.

  • doyla66
    doyla66 Friday, 01 November 2013

    I would trust Sean Butler with my last dollar...


    I have known Sean Butler since we were flatmates together at university.

    I was bestman at his wedding and over the past 30+ years have delighted in his career path and business suceess - built on hard work, integrity, honesty and sound judgement.

    Over the years, Sean would sometimes talk to me, in very glowing terms, of the business partner in several of his investment projects; a man I now know to be Brian Benari.

    I remember reflecting on how lucky this fellow must be to have Sean as an active-manager and partner of their shared assets and investments. After all, it was Sean's ability and on-the-ground hard work that had transformed the Lighthouse Resort, thereby increasing its value, for their joint benefit.

    As a Certified Financial Planner I deal with many large financial institutions, often advising retired clients on where to invest their precious savings. Knowing what I now know about Brian Benari - the head of Challenger - an organisation that prides itself on secure, safe investment products - I would find it very hard to recommend Challenger to anyone. The board of Challenger are well aware of this situation but to the best of my knowledge view it as a private matter between Brian and Sean. Quite simply, if that's still their view, then they need to review that decision.

    After all, ethics, morality and simple honesty, are not compartments of a person's life, they go to the core of a person's being which is bound to influence corporate decision making and judgement. Sadly, whatever-you-can-get-away-with, is now seen as the smart and clever thing to do, often rationalised as being ... "in the interests of shareholders". Short term self-interest, greed and disrespect of others becoming the "way of business" and life in general.

    The fact that the political and legal systems are taking so long to bring Brian Benari, and those like him, to justice is very sad. Their position and wealth will no doubt be used to weardown and break those that seek to oppose them. If they'd used a gun and a getaway car they'd already be in jail ... trouble is, Brian Benari and his kind wear nice suits, have connections with all the right people and can afford as many lawyers as is required to cover their tracks.

    The facts of Sean's case are so clear-cut, let's hope the wheels of justice and simple decency, will start to turn faster.

    Robert Latimer, Melbourne

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