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Showing 1 - 10 of 131 results for "District Court"

Third person pleads guilty in Courtenay House Ponzi scheme

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... April 22 and April 24 in the Supreme Court of NSW. Following his guilty plea, Sipina was committed to the Sydney District Court for sentencing. His first appearance before that Court will be on April 19. On 21 February 2023, Sipina was charged with carrying ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... United Arab Emirates, and Brenda Chunga, also known as Bitcoin Beautee, were slapped with criminal charges by the US District Court in Maryland. Co-conspirator Rodney Burton, also known as Bitcoin Rodney, was also charged for his alleged role as a promoter ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... significant risk of loss" to its customers. The SEC filed its complaint against Kraken in San Francisco federal district court. It's the second time this year Kraken has been in trouble with the SEC. Earlier this year it agreed to cease offering ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... than $1 million from clients to feed his online gambling addiction has been sentenced to jail for five years. The District Court of Western Australia found Mark Raymond Sebo guilty of misappropriating $1,056,685.18 by either helping clients set up or ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... a $650,000 fraud, using clients' SMSF savings to pay off his personal debts. Appearing before the Maroochydore District Court, former adviser Brett Gordon faced nine counts of fraud relating to conduct between 2015 and 2018 when he was director of advice ...

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
... when the crimes took place, defrauded clients between $60,000 and $745,000 during October 2016 and March 2020, the District Court of New South Wales heard on April 21, only to use the funds to feed his gambling addiction. The hearing detailed how Fineff ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... following claims of "willful evasion of US law." The CFTC announced it filed a civil enforcement action in the US District Court against Zhao and three entities that operate Binance. The complaint also includes Binance former chief compliance officer ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... clients to the insurer had not been met and they risked not being covered by AMP under the relevant policies. The District Court of Western Australia will determine the sentencing date on May 19.

Former financial adviser pleads guilty

CASSANDRA BALDINI  |  TUESDAY, 20 SEP 2022
... charge carries a maximum penalty of five years imprisonment, the second is 15 years. The matter was committed to the District Court of Western Australia for a sentence mention hearing in November. It's being prosecuted by the Commonwealth Director of ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... 2020 and one half-year financial report for the half year ending 31 December 2019. The matter was committed to the District Court for a sentence mention on 23 September 2022. Financial reports provide shareholders, creditors and the public with important ...
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