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Regulatory

Accountant pays $10,000 fine for $100,000 fraud

A former Perth company director will have to pay a $10,000 fine after inducing a 70-year-old investor to give his business a cheque for $100,000 and then using it for his own purposes.

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Read more: Andy Kay Hooi Lim,  Aperio Resources Limited,  IPO,  Perth District Court,  ASIC,  Australian Securities,  Regulatory,  Burkina Faso,  Chartered Accountants Australia,  Commissioner John Price,  Company,  Executive Director,  Institute,  Investments Commissions,  January 2011,  March 2013,  May 2010,  Mr Lim,  October 2011