The former director of a male sexual enhancement business has been declared bankrupt, after he was unable to pay costs for unconscionable conduct worth more than $3 million.
Jacov Vaisman is the former director of Advanced Medical Institute (AMI) and its subsequent parent company NRM, which provided services for the treatment of men suffering from sexual dysfunction.
Both companies and Mr Vaisman were the subject of legal action by the Australian Competition and Consumer Commission (ACCC) as far back as 2010, with the ACCC alleging they had deliberately used unfair contract terms on vulnerable consumers.
It is immoral to seek to harness the fears and anxieties of men suffering from ED [erectile dysfunction] or PE [premature ejaculation] for…
Read the full article at: https://www.mybusiness.com.au/management/3896-former-sex-enhancement-director-bankrupted
