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Regulatory

ASIC bans property wealth coach operating without licence

ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after he raised $48 million from members for real estate wealth coaching programs without a financial services licence.

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Read more: ASICMISTrent Simon GiumelliQueenslandAdministrative Review Tribunal forFirst Guardian Master FundSecuritiesShield Master FundTreasuryWicklow Fund Services