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Showing 1 - 10 of 50 results for "County Court"

Former adviser jailed over $2m SMSF investment scheme

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
... unlicensed financial services business and dealing with proceeds of crime tied to $1.97 million in investor funds. The County Court of Victoria sentenced the Hoppers Crossing-based former adviser on May 8, with Arandez to be eligible for parole after ...

ASIC permanently bans jailed adviser

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
... funds would be invested in bonds, shares, and term deposits. On 16 April 2025, Del Vecchio pleaded guilty in the County Court of Victoria to 24 charges of obtaining financial advantage by deception. He was sentenced to serve seven and a half years in ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... winding up of his two unlicensed financial services businesses. On 27 June 2024, Beresford pleaded guilty in the County Court of Victoria to false document and proceeds of crime offences and was sentenced to 85 days imprisonment and a 30-month Community ...

Melbourne adviser sentenced to 18 months' prison

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
Former Melbourne financial adviser Bradley Grimm has been convicted by the County Court of Victoria on three counts of engaging in dishonest conduct while running a financial services business. Grimm was sentenced to 18 months' imprisonment, with ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
Warren Buffett has laid out plans for Berkshire Hathaway (Berkshire) and his fortune in a rare letter published on the company's website. The legendary investor announced the gifting of 2.4 million Class B shares of Berkshire Hathaway stock (totalling ...

Adviser cops 10-year sentence

KARREN VERGARA  |  FRIDAY, 6 OCT 2023
... years in jail. Judge Wraight sentenced Terence Rio Nugara to nine years and 11 months imprisonment at the Victoria County Court yesterday. He will be eligible for parole after 6.5 years. Nugara, who was permanently banned by ASIC in April, stole $10,072,061.93 ...

Finfluencer receives jail sentence

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... good behaviour bond. The HotCopper trader also copped a $42,840 fine after pleading guilty yesterday in Melbourne County Court to 23 charges of manipulation of ASX-listed shares and 19 charges of illegal dissemination of information relating to the offence. ...

Former planner pleads guilty to dishonest conduct

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... Public Prosecutions is prosecuting the matter after a brief was referred by ASIC. It will be listed in the Victorian County Court in April for plea and sentencing hearing. At the time of Grimm's offending, each breach carried a maximum penalty of 10 ...

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... obtaining financial advantage by deception and one count of attempting to obtain financial advantage by deception. The County Court of Victoria sentenced Saad to nine months' imprisonment for the first count and one month's imprisonment for the ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... letter of authority in October 2017. The matter has been adjourned until 25 October 2021 for a plea hearing before the County Court.
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