Recently, my parents met a financial advisor who is originally from China. They were introduced to him by another family who claimed he was really helpful in getting them into a home. Based on that referral, my parents trusted him.
Since meeting him, he’s convinced them to sell their house — which is in a nice area — and has been pushing me to buy a house through a bank he suggested. I didn’t trust him from the start and declined. After that, he got noticeably angry and became very pushy.
Now, he’s handling the sale of my family’s home but not through a proper real estate agency. I looked up the “agency” he claims to be working with, and it doesn’t appear to exist. The listing seems to be managed by him personally.
What’s also strange is that he’s now been socializing with my parents outside of work, which feels off given the professional boundaries that should be in place.
I’ve tried warning my parents that something doesn’t feel right, but they’re not taking my concerns seriously. I’m worried this guy is manipulating them, or worse, trying to scam them.
I live in Australia and I’m wondering:
• Should I seek legal advice?
• Is there someone else professional I could speak to, who could talk to my parents and help them see the red flags?
