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Showing 681 - 690 of 6469 results for "September"

Finfluencer receives jail sentence

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... accounts, held in the names of friends and relatives, to manipulate the share price of 20 different listed stocks between September 2014 and July 2015, ASIC said. The regulator further alleged Govinda traded between the various accounts and used "dummy ...

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
... over two contraventions of market integrity rules which occurred when conducting a buyback. According to ASIC, on 1 September 2021 the firm was instructed to commence a buyback on behalf of AWN Holdings, since delisted. On 15 September 2022, Ord Minnett ...

Lumiant acquires longevity app

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... injections year to date. Last June, Savant Wealth Management injected $3 million to help with expansion plans and in September, it received an undisclosed amount from investor Ric Edelman. In March, Lumiant closed another seed funding round totaling ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... that Australian equities funds experienced a decline in net funds inflows, from $12.5 billion in the 12 months ending September 2021 to $10.5 billion in the same period in 2022, marking a 16% decrease. Over the same timeframe, focusing solely on new ...

High Court rejects Mayfair 101 plea

JAMIE WILLIAMSON  |  MONDAY, 24 APR 2023
... Federal Court lifted the international travel ban that had been placed on Mawhinney in August 2020 and reinstated in September 2022. The Mayfair 101 website states the group is relaunching this year, stating: "Mayfair 101 is preparing for the relaunch ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
... Loury remarked on the impact of Silver's fraud on the victims, and the financial and psychological cost to them. In September 2019, Silver's son was sentenced to eight years' for fraud offences related to the same companies. Between July 2008 and July ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... charged with fraud by the US regulator over the company's sale, while a criminal investigation is also underway. In September 2021, JPMorgan Chase paid US$175 million for Frank, a platform that assisted college students in applying for and managing financial ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... Octaviar, of $4.8 million. He was formally charged with 26 counts in June 2019 before an additional charge was added in September 2019. At the time of the alleged conduct, between June 2012 and September 2015, Anderson was the sole director of Octaviar ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... a different RSE. The Asgard fund was established in 1988 and has about $16 billion in funds under management. As at September 2022, BT Panorama Super had $46.5 billion in total. The trustee of Retirement Wrap, BT Funds Management, considered the potential ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... will be determined by the data and the Board's assessment of the outlook," the minutes read. In the five quarters from September 2021 to December 2022, the Consumer Price Index increased by an average of 1.8% per quarter, marking a higher historical ...