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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 LimAperio Resources LimitedIPOPerth District CourtASICAustralian SecuritiesRegulatoryBurkina FasoChartered Accountants AustraliaCommissioner John PriceCompanyExecutive DirectorInstituteInvestments CommissionsJanuary 2011March 2013May 2010Mr LimOctober 2011