Lion Property Group

They don’t know where my $100000 invested in one of their Beaconsfield project in Victoria. When sent an email for clear explanation they would make statements and show documents that did have any depth. Still no response from this John and Gary when asked about an update truthfully. They really think they will get away with this, absolutely not.

Contracted monthly payments to investors in Lion Property Group stopped in November 2024. The Directors of Lion Property Group ( [Name Removed] and [Name Removed]) have not provided important financial information to investors about where investors' money has gone. Many hundreds of investors' life savings are unaccounted for. An independent audit… Read more

of Lion Property Group and all its project entities has been ordered by the Supreme Court. This court action has been insticated by a small number of plantiffs who are part of a group of over 200 Lion Property Group investors seeking to recoup their hard earned money they invested. There are many more investors out there not knowing what to do or how they can take action to endevour to recoup their money. Being part of a group where you get information, comfort, support, and maybe a path forward is far better than facing Lion Property Group on your own. This is not over. There is much that can and will be done to get the best outcomes for all investors

If you wish to be part of this group, please provide your contact details to philrgalliop(at)gmail.com

Also, Eagle Financial Solutions 0388070505 may be able to assist. Update: A Provisional Liquidator was appointed by the Supreme Court on 2nd June to Lion Property Group and the Project Entities. Lion had failed to provide all the documents requested by the Court appointed auditor to assess the financial position of the company and the entities. The Provisional Liquidator arrived at .the Lion Property Group office on the 3rd of June to commence their work and found the office was vacant and had been cleaned out.

As a current investor with the Group it appears to be Ponzi ..The group has been put into liquidation by the Supreme Court of Victoria ..Justice Matthews.. The transcripts can be obtained. Over 100 million was deliberately miss handled by the 2 directors and their staff..

I beg you plse DO NOT INVEST. It is a scam . Invested $100000 in 2018 and no construction too place . Property was sold under mortgagee auction this weekend . Refer 17 Hall Street , Brighton . I will loose my money and so have a lot of others who have invested in various projects . Approx $150million involved !!! BEWARE. There seems to be only ONE positive review on Lion .By TJ . Do not trust TJ’s review . In my opinion he is a Lion stooge !

My wife and I were approached in 2018 by a LPG sales representative and we were given so much information and presentations including all the previous projects in Melbourne and Brisbane which were apparently delivered on time under budget and supposedly returned profits as per their initial prospectus and promises. We decided in 2019 to withdraw… Read more

every penny out of our recently setup SMSF and invest $200k into the Eminence Project. COVID came and here we are in May 2025 and the project is yet to be completed and now LPG managed project and appointed Builder has supposedly gone bust and more than likely most of the Investors are not going to realise any returns let alone their initial investment. I am yet to break this news to my hard working wife and really have no idea how we are going to retire without having desired funds in the SMSF. Never again and people please do your research and ask questions but do not get involved with this group.

Devastating – Lives Ruined by These Con Men [Name Removed] and [Name Removed] of Lion Property Group are not just con men — they are responsible for ruining lives. People have lost their entire life savings, families have been torn apart, and some have even become seriously unwell because of the emotional and financial toll. I personally know… Read more

people who have been pushed to the brink of collapse because they trusted these men. The level of deceit is beyond belief. In my view, what they’re running is a scam, and they should be behind bars.

Please, stay away. Don’t let them destroy your future too.

Investing with these people, you won’t just miss out on profits — you’ll lose your own money, let alone any return. Many have been trying to get their money back for years, some even over six, with no success. There’s no transparency, no accountability, and no real effort to deliver on what was promised. It’s all based on lies and misleading… Read more

information. If you invest here, don’t expect to ever see your money again. They’re currently in the Supreme Court, and I truly hope the affected investors get some justice.

I trusted Lion Property Group with a significant investment, and I deeply regret it. John Sander and Garry Pesochinsky have shown themselves, in my view, to be con men running what looks and feels like a Ponzi scheme. They misled investors, misappropriated funds, and made promises they never intended to keep. There are serious allegations backed… Read more

by financial records that show money being siphoned off for unrelated purposes and companies they personally benefit from.

The level of deception and financial damage caused is staggering. These men should be in jail — plain and simple. They've ruined lives, and yet they continue to operate without consequence.

If you're even thinking about investing with Lion Property Group, don’t John Sander and Garry Pesochinsky from Lion Property Group are con men. They’ve taken people’s money, lied, and misused funds. In my opinion, they’re running a scam and should be in jail. Stay far away.

Four years ago, I trusted Lion Property Group with $500,000, my first significant investment meant to safeguard my family’s future. Unfortunately, the reality has been a nightmare, echoed by countless others online. Initially promised monthly returns, interest payments abruptly stopped over a year ago, and my capital, now overdue by 12 months,… Read more

remains unpaid. Garry and John assured me my funds would be securely managed and ring-fenced within a specific project. Instead, I’ve since uncovered through discussions with other affected investors that our money was improperly pooled into multiple entities—creating an unmanaged investment scheme clearly violating the Corporations Act and ASIC regulations.

Lion Property Group never provided a legally required Product Disclosure Statement (PDS), nor did they verify whether investors like me were sophisticated or unsophisticated, or request proof of income or financial statements from my accountant. These are fundamental protections mandated to safeguard everyday investors from exposure to excessively risky schemes, and Lion blatantly ignored them.

Investor meetings have been disgraceful; John routinely deflects responsibility for project delays and failures, blaming external contractors and “bad builders,” despite Lion themselves acting as both project and development managers, for which they collected significant upfront management fees. I’ve learned from other investors online that none of their projects have produced the returns advertised. Many projects, despite market conditions that should have generated strong profits, ended in losses, or worse yet, investors like me have not seen a cent. The consistent failure to deliver promised returns while directors continue collecting hefty fees upfront is deeply troubling and indicates systemic mismanagement or something more sinister.

The betrayal is compounded by their sales team, who used scripted, misleading pitches to lure inexperienced investors into this financial trap. Now, facing unanswered calls and ignored emails, I’ve discovered that this experience isn’t isolated—dozens of other investors have publicly shared almost identical grievances online, describing the scheme as unethical, deceptive, and financially destructive.

Given my personal experience and overwhelming confirmation from numerous investors who feel similarly deceived, I strongly urge anyone considering investing with Lion Property Group to reconsider. The level of deceit, disregard for legal compliance, and utter lack of transparency is shocking. Protect your family’s financial future and steer clear of Lion Property Group—it’s not worth the devastation that so many of us have already endured.

Do NOT invest your money with LION PROPERTY GROUP OR ANY OF THEIR COMPANIES – They are in a tail spin. Do not believe 1 single word of any positive review you read. Every single investment project they manage and own is at peak debt plus. The directors openly admit to loaning investor funds between entities and to themselves without any capacity to pay back the funds. They think apologising will fix everything....yeah sure,… Read more

no problem! Several properties are in Mortgagee possesion and the directors still deny the facts. The mortgagee has posted notices on the properties and still the directors are denying it to the investors. Run the other way as fast as you can. If you are still curious, go see your accountant and lawyer and ask them if its legal to run an unlicenced managed fund, if its legal to operate in that space without an AFSL, ask them what a ponzi scheme looks like. Get the gist!

A scam – I would strongly advise against dealing with Lion Property Group. They have a history of misappropriating funds and lack the necessary AFSL (Australian Financial Services License), which raises serious concerns about their credibility and legal standing. They operate like a Ponzi scheme, where the so-called developments only seem to benefit them… Read more

and their financial partners.

They promised me that my funds would be securely placed in a trust for my project, but instead, they used my money for their next scheme. It's incredibly frustrating and disappointing to see how they've treated investors. Stay far away from them if you value your investment and financial security

Lion Property Group - AVOID! – Investing with Lion property has been a POOR financial decision. We invested with Lion on their Zenith development in July 2019. This was supposed to be an 18month investment term with a 25% return. Here we are 5.5 years later – no 25% return and still haven’t been paid our original investment amount back. The Zenith property is listed on their… Read more

website as completed. However, when this project settled in August 2024 it settled at a loss, so there was no 25% investment return for investors. And so far, Lion is using the fact that it settled at a loss to not pay back the initial investment amount. This development is not completed if investors are still waiting to get their money back. And this makes me question how many other “completed” projects are on their website where investors lost money or have not been paid back? I understand that COVID did delay the building industry and increase building costs, however anyone who lives in Brisbane could attest to the explosion in property prices since 2019 – a quick search on google puts the increase at between 55-60%, So to lose money on property is very questionable and potentially points to mismanagement by Lion. According to their own process as outlined on their website the initial investment should be returned following settlement and once the accounts have been reconciled, this is supposed to take up to 4 weeks. Zenith settled in August 2024 – 6 months ago. We along with other investors had trust that Lion property group would be a ethical, trustworthly and careful guardian of our money, instead it is looking increasing like we have lost not only the return we were supposed to get but also our entire investment amount. To make the situation more frustrating the communication has been terrible, there has been zero customer service, we have received zero unprompted updates on what is going on, from our experience all communication stopped once they had received our money.

DO NOT ENTER THE LIONS DEN. SHOULD BE NEGATIVE STARS TO RATE EXPERIENCE – Investors not being paid. Calls not answered. Emails not answered. Just found out a group has been established to investigate. DO NOT INVEST. They are actively soliciting knowing they are in serious trouble

lack of accountability, ethics, and integrity – Unfortunately, I feel compelled to share my negative experiences and warn others about the deceptive practices of this organization. They not only misappropriated funds but also misrepresented the number of unit holders involved in their project. A friend of mine, who invested in their development project and supported them unwaveringly for the… Read more

past seven years, has endured immense distress. Despite paying for an entire house that they were supposed to build, my friend has not received any return on their investment. This betrayal has left them in a devastating mental state, even contemplating suicide.

Legal action has been taken against the directors of the company, reflecting the seriousness of their misconduct. Their actions demonstrate a complete disregard for moral and legal responsibilities.

I feel a duty to share these experiences with others. I intend to publish reviews on multiple platforms, including online review websites and social media, to warn potential investors about the deception, broken promises, and lack of ethics they may face when dealing with this company.

Please, do not invest with them. Their practices reflect an utter lack of accountability, ethics, and integrity.

[Content Removed] – The most untrustworthy, [Content Removed]company we have invested in The 3 projects ALL HAVE DRAGGED ON AND NO SIGN OF COMPLETION AND NOW EMAILS HAVE COME TO ADVISE THAT WE LOOK AT DILUTION OF PROFITS OR LIQUIDATION

Do not invest it unless you can wait forever to have yoir money back – It's been three years since I invested almost half a million with them on one of their project and its taking forever to even begin construction let alone the hopes of seeing my money back. Even after construction begins God knows when I still have to wait another 2 years to build sell and settle before I see my returns and original investment… Read more

back.

I would rather do small scale development of my own then have my money stuck with these guys for 5 to 6 years with nominal returns when you spread their promised returns over 6 years instead of 2 years they promise.