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Showing 21 - 30 of 186 results for "Commonwealth Director of Public Prosecution"

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
Mudasir Mohammed Naseeruddin has pleaded guilty to misconduct charges after he encouraged investors to move their super into a self-managed superannuation fund (SMSF) to lend those funds to his two companies. Naseeruddin admitted guilt to two charges ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
The Federal Court this morning has ruled in favour of disgruntled AMP Financial Planning advisers who saw the value of their practices deteriorate after the parent company controversially changed its Buyer of Last Resort (BOLR) rules. In handing down ...

Investment fraud accomplice charged

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
The executive assistant of former Perth unlicensed investment scheme boss Chris Marco has been charged with 34 counts of enabling or aiding fraud. Linda Marissen appeared in the Perth Magistrates Court after it was alleged that she helped Marco defraud ...

Ex-Vocus chair indicted for insider trading

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
Former Vocus chair Vaughan Bowen has been indicted on two counts of insider trading relating to the EQT Infrastructure IV Fund's proposal to acquire Vocus. ASIC alleged that Bowen traded over five million Vocus shares in June 2019 while in possession ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
Former property investment spruiker Anthony Keith Silver has been sentenced to eight years and six months imprisonment for a $1.8 million fraud. Silver was previously shadow director of Capital Growth International Club and All About Property Developments ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
The Commonwealth Director of Public Prosecutions (CDPP) has withdrawn its fraud charges against former Octaviar Investment director David Mark Anderson, citing his ill health. Anderson had been facing 27 charges of fraud, including allegations that ...

Former director hit with dishonesty charges

ANDREW MCKEAN  |  WEDNESDAY, 22 MAR 2023
ASIC has charged a former Reiwa-Capital director Russell Sandiford with dishonest conduct related to a financial product or service. Following an ASIC investigation into Sandiford and his company, Reiwa-Capital, the regulator alleged he obtained $459,489.70 ...

Former director charged with fraud

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
The ex-director of Guevara Capital Access and Online Trading Capital has been charged with eight counts of dishonestly obtaining a financial advantage by deception. Mark McCabe appeared in the Downing Centre Local Court last week to receive the penalties. ...

ASIC charges former investment company executives

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
Benjamin Hornigold's former chief executive and chief financial officer face charges for dishonest breach of duties and misleading the ASX. ASIC alleges former chief executive Stuart McAuliffe and former chief financial officer Samuel Elderfireld failed ...

Unlicensed investor pleads guilty to fraud charges

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
Former Orb Global Investments chief executive Akhilesh Kamkolkar has pleaded guilty to charges relating to $1 million of investor money he spent for himself. A further two offences of carrying on a financial services business without a licence will ...