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Financial Planning

Adviser jailed for blowing client funds on fast cars

An adviser who defrauded investors out of $1 million to rent sports cars and buy a house has been jailed for more than five years following an investigation by the Australian Securities and Investments Commission (ASIC).

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Read more: Carlo Cini,  ASIC,  Australian Securities,  Investments Commission,  Financial Planning,  Adviser,  C Cini & Company,  Commonwealth Director,  County Court,  Ferrari,  Greg Tanzer,  March 2014,  Mercedes-Benz,  Public Prosecutions,  Victoria