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Showing 331 - 340 of 344 results for "Early Release"

ASIC cracks down on early release of super

ASIC RELEASE  |  THURSDAY, 20 AUG 2009
ASIC is charging Regina Faleono and Lucia Sini for the illegal early release of a combined $702,609 in members' funds. ASIC has commenced criminal proceedings in the Sydney Central Criminal Court against Faleono and Sini for dishonest conduct in operating ...

ASIC cracks down on Hafoka

MEDIA RELEASE  |  WEDNESDAY, 11 MAR 2009
... withdrawing and distributing the funds to the superannuants and agents engaged by him to assist in the unlawful early release scheme. ASIC alleges that between 1 February and 21 December 2006, Hafoka acted as an agent of Kassongo and assisted at least ...

SMSF trustee faces criminal charges

RUTH LIEW  |  WEDNESDAY, 6 AUG 2008
... benefits by withdrawing and distributing the funds to the superannuants and agents engaged by him to assist in the early release scheme. Meanwhile, Kassongo retained over $600,000 for himself by way of a commission. At the time KSF received the superannuation ...

Super promoter faces trial

RUTH LIEW  |  TUESDAY, 19 FEB 2008
... investment scheme. Formerly a director of Comcash Australasia Pty Ltd, Sharland was involved in the promotion of the early release of superannution funds. The process involved superannuants rolling over their superannuation into a self-managed fund ...

Jailed super fraudsters forfeit nearly $6m

HAMISH MADDEN  |  WEDNESDAY, 30 AUG 2006
... holdings and assets. Following an Australian Securities and Investments Commission (ASIC) investigation into the early release of superannuation scheme, Andre Michalik and his son, Martin Michalik, were arrested at Perth International Airport and extradited ...

Third operator of early release super scheme punished

... and Investments Commission (ASIC) has obtained Federal Court orders against Raymond Heard, the third operator of early release superannuation schemes that illegally freed up over $3.5 million of Australian superannuation benefits. Heard accepted permanent ...

ASIC cracks down on early access to superannuation scheme

... rollover, redemption or transfer of superannuation interest. "People should be cautious of advertisements promoting early release of superannuation benefits," adds Redfern.

Early release super scheme promoter to stand trial

... country. Before the court hearing ASIC had banned David from being involved in any activities that facilitate the early release of preserved superannuation benefits. The Commonwealth Director of Public Prosecutions will prosecute the matter.

Man convicted over early release super scheme

The Queensland District Court has sentenced Timothy Barritt to four years imprisonment, to be released immediately on a $3,000 good behaviour bond for five years on two counts of providing false and misleading documents, and a 12 month gaol term to ...

ASIC commits promoter of early release super schemes to trial

... induced the trustees of the Health Group Superannuation fund and the South Coast group superannuation fund to make the early release of approximately $360,000 of funds. Sittczenko will stand trial on 12 fraud charges. The criminal charges against Sittczenko ...