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Showing 1241 - 1250 of 1613 results for "Investigation"

Adviser banned for life

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
A financial adviser has been banned for life after using a retired faming couple's savings to fund a margin loan, ASIC said yesterday. Trevor Wayne Carll of Port Pirie, South Australia, worked for local planning business Bruce McDonald Investment Services ...

Century Funds vies to take manager role from Opus

ELISE BURGESS  |  TUESDAY, 15 FEB 2011
... years." McBain said that one thing concerning advisers about Opus 21 was the actions of Australian Securities and Investigation Commission (ASIC) to revoke the manager's Australian Financial Services license in August last year, only to have it reinstated ...

Former Astarra investment manager pleads guilty

ELISE BURGESS  |  MONDAY, 7 FEB 2011
... he knowingly made materially misleading statements about the value of investments made by the ASF. Following an investigation by Australian Securities and Investment Commission (ASIC) into his behaviour from 2005 and 2009, it was alleged Richard and ...

Ponzi scheme operator jailed

ELISE BURGESS  |  FRIDAY, 28 JAN 2011
... Finance Broking Services (VFBS), has been sentenced to four years and nine months imprisonment following an ASIC investigation. Hazel Bucello plead guilty to five counts of obtaining property worth $2,384,339 by deception; and one count of obtaining ...

Former adviser faces fraud charges

ASIC RELEASE  |  THURSDAY, 27 JAN 2011
A former financial adviser is facing charges, including fraudulently obtaining client funds, after an investigation by the Australian Securities and Investments Commission (ASIC). Alan Leslie Brown, of Lugarno, New South Wales, has appeared on a total ...

AMP to manage Trio Capital super money

ELISE BURGESS  |  MONDAY, 13 DEC 2010
... Superannuation Plan and Astarra Personal Pension Plan, which were being wound up on February this year following an investigation of the schemes. According to administrator of Trio Capital, PPB, more than half of the $63 million Asttar Wholesale Portfolio ...

Banc of America Securities charged with fraud

RUTH LIEW  |  MONDAY, 13 DEC 2010
... its affiliates will pay another $101 million to other federal and state authorities for its conduct. "This ongoing investigation has helped to expose wide-spread corruption in the municipal reinvestment industry," said Robert Khuzami, director of the ...

Former Chartwell director pleads guilty

ELISE BURGESS  |  FRIDAY, 10 DEC 2010
... financial advantage by deception, and 32 counts of obtaining property by deception. These 180 counts, from an ASIC investigation, collectively relate to obtaining advantage of approximately $22 million, among other offences. Within the charges it was ...

ASIC bans adviser for misleading conduct

ELISE BURGESS  |  WEDNESDAY, 8 DEC 2010
... the actions of Tran "deliberate and likely to mislead", and that she showed a lack of compliance mentality. The investigation, which looked at Tran's behaviour between 11 March 2002 and 7 July 2008, concluded "misleading or deceptive conduct in relation ...

US insider trading probe rocks hedge fund community

JOHN MCDULING  |  WEDNESDAY, 24 NOV 2010
... confirmed in a regulatory filing that it "has received an inquiry regarding the recently disclosed insider trading investigation on Wall Street calling for general information and intends to cooperate fully with that inquiry". The New York Times also ...