Financial Standard Comments - ASIC bans person who made false Facebook investment claims A person from a Sydney-based investment business has been banned from providing financial services after he persuaded investors to invest money with him on the false grounds that he had access to an exclusive deal involving the Facebook initial public offering. https://www.financialstandard.com.au/feed/latest?story=43960147 Tue, 23 Dec 2014 13:39:33 +1100 Tue, 23 Dec 2014 13:39:33 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by john smith (yes) Good public money has probably been wasted and for what gain? Very little if any. ASIC could have been more use if they had used public media to advise investors that they were investigating this case. ASIC would have know these facts when I was sucked in. Is it their charter to inform the public of their investigation & keep people safe?

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]]> john smith (yes) Tue, 23 Dec 2014 13:39:33 +1100