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Showing 331 - 340 of 1607 results for "Investigation"

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
... guilty to dishonesty obtaining over $35,000 from his client's superannuation accounts. The sentence follows an ASIC investigation which found that between November 2018 and July 2019, Goel stole the superannuation details of First Nations consumers ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
... Property Fund (URF) and related products between 2015 and 2019. Six representatives did not conduct a reasonable investigation of the clients' circumstances before providing the advice, according to ASIC, adding that in some cases, the poor advice ...

TPB bans PwC partner over breach

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... The deregistration, which includes a two-year ban on Collins becoming a registered tax practitioner, followed an investigation in which Collins was found to have let slip confidential law reform plans. While a partner at PwC, Collins was part of a confidential ...

Fraudsters jailed over international crypto scam

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2023
... cryptocurrency," specialist prosecutor Jonathan Keller said. "The CPS advised our police partners throughout this international investigation. Painstaking analysis of vast amounts of digital material and collaborative liaison with the Australian and ...

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
Link Fund Solutions is the subject of a new group action in England related to the now infamous Woodford fund failure. Law firm Leigh Day has served the action after it and another firm, Harcus Parker, had applications for a Group Litigation Order regarding ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... Capital director, chair and responsible manager Paul Dortkamp. ASIC handed Dortkamp the ban in June 2022 following an investigation that found he failed to understand all the financial services offered by Spaceship under its licence. Specifically, ASIC ...

Adviser imprisoned for super fraud

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
... sentenced to three years in prison for stealing over $35,000 from his clients' superannuation accounts. An ASIC investigation into Goel's misconduct found that between November 2018 and July 2019, the adviser obtained First Nations consumers' superannuation ...

Former Statewide Super executives charged

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... February 2017. Statewide Super terminated both executives' employment in January 2020 following an internal investigation. The fund subsequently reported this conduct to ASIC. Eastwood and Netting appeared before the Court on December 9, charged ...

ASIC commences proceedings over failure to comply

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
... ASIC Act. ASIC said it previously served a notice to produce documents on Provide Capital as part of an ongoing investigation. ASIC has alleged Provide Capital failed to produce documents as required by the notice without reasonable excuse. The regulator ...

ASIC accepts EU firm from advice firm

CASSANDRA BALDINI  |  TUESDAY, 15 NOV 2022
... representatives failed to provide Statements of Advice (SoA) to clients as required by the Corporations Act. The investigation identified the firm and its authorised representatives failed to provide SoAs to clients at least 24 times during the 2016-2017 ...