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Showing 361 - 370 of 1643 results for "Investigation"

Unlicensed investor pleads guilty to fraud charges

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... financial services business without a licence will also be considered by the Court, ASIC said. Following an ASIC investigation, Kamkolkar was found to have obtained nearly $1 million from four investors, and failed to invest those funds according to ...

ASIC questioned over workplace culture

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
ASIC has been asked if its culture is toxic following the Treasury investigation into deputy chair Karen Chester. At a hearing this morning, a letter written by Secretary Treasurer Kennedy to ASIC chair Joe Longo regarding Chester's conduct was ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... Joshua David Fuoco pleaded guilty to the charges in the Melbourne Magistrates Court. The charge arose from an ASIC investigation that found Fuoco was involved in the running of Financial Circle from August 2017 to September 2018 despite having been disqualified ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... flagged it is in "advanced confidential discussions" with the UK's financial markets regulator to settle its investigation against the failed Woodford Equity Income Fund. The case has dragged on since 2019, when fundie Mark Woodford went on YouTube ...

ASIC dodges PGPA investigation questioning

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
... about myself. Those allegations referred to the Treasury." "Treasury undertook and oversaw a very comprehensive investigation and there were no adverse findings," she concluded. Bragg issued a statement following the hearing and said ASIC must show clean ...

Former Big Un chief charged with insider trading

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... was convicted for failing to conduct the 2017 company audit in compliance with auditing standards. ASIC said its investigation concerning Big Un, and its officers and executives is ongoing.

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 ...