Some good points raised.
Did someone actually get some money in their hands from the initial investments or were you told that you earned an incredible return and therefore just wanted to re-invest it to get the same returns - similar to a scheme run by Bernie!
Money used for Dubai investments, has this been reinvested in Australia, if so were the shareholders in the syndicate ever consulted on this matter, if not then the fund should not be allowed to do what they did, that money should be invested in the property earmarked in the syndicate proposal.
I can sniff a legal case brewing?