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Regulatory

ASIC permanently bans adviser who stole client funds

A financial adviser based on Queensland's Hope Island was permanently banned by the corporate watchdog after he was found to have misled clients about potential returns and used their funds for his own expenses.

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Read more: ASIC,  Hope Island,  Queensland,  Veridian Markets,  Delan Pagliaccio,  Financial Adviser Register,  Macquarie Bank Cash Management,  MDS Financial Services,  Sequoia Financial Group,  SKR Private,  Synergy Asia Pacific Partners,  Synergy Equities Group,  Veridian Securities