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Showing 11 - 20 of 20 results for "Venture Egg"

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... there." Several financial advisers are within ASIC's crosshairs. For example, principal and financial adviser of Venture Egg, Ferras Merhi is under investigation after he and his advisers invested about $296 million of their clients' super into ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... occurred and access their ORFR reserves to remediate every client that has been exposed to these investments," he added. Venture Egg Financial Services and its principal Ferras Merhi, and Reilly Financial were authorised representatives of InterPrac. ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... dollars". The regulator alleged he used marketing companies to push potential clients to his financial advice businesses, Venture Egg and Financial Services Group Australia (FSGA). In February, the Federal Court froze the assets of Merhi. He is the principal ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... Merhi over their potential involvement. Financial adviser Merhi was licensed through InterPrac and is the director of Venture Egg Financial Services and United Financial Advice, which trade as Venture Egg and Financial Services Group Australia. "We recognise ...

Sequoia resumes trading after ASX query

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... ASIC is investigating InterPrac as part of its ongoing investigations into the Shield and First Guardian funds as Venture Egg Financial Services and its principal Ferras Merhi were authorised representatives of InterPrac. ASIC said certain authorised ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... industry. Ferras Merhi was the sole director of FSGA from 10 February 2021 to 30 May 2025. He is also the director of Venture Egg Financial Services and United Financial Advice. ASIC is currently investigating Merhi and various entities associated with ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... and Anderson. In the same month, the court froze the assets of Ferras Merhi, the principal and financial adviser of Venture Egg Financial Services, for his connection with its investigations concerning certain managed investment schemes, including First ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
... Merhi is a financial adviser based in Melbourne, licensed through Interprac Financial Planning. He is the director of Venture Egg Financial Services and United Financial Advice, which trade as Venture Egg and Financial Services Group Australia. Merhi ...

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... value of the assets of the ADPF" and "investor funds may have been misapplied." ASIC added that it is now aware that Venture Egg, a Melbourne-based financial advice business that advised clients to invest in Shield, has written to investors on two occasions ...
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