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Showing 51 - 60 of 98 results for "Financial Advantage"

Former investment company director pleads guilty

MELANIE TIMBRELL  |  MONDAY, 23 JUL 2012
... following an ASIC investigation. ASIC alleged that between March 6, 2007 and April 16, 2007, Oakley gained financial advantage for herself by using approximately $766,900 of investor funds to purchase a house. The funds had been invested with her company ...

Australian Capital Reserve directors sentenced

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
... West Pennant Hills, each pleaded guilty to one charge of making a false or misleading statement to gain a financial advantage for the company. Pogson also pleaded guilty to one charge of making a false or misleading statement in a form lodged with ASIC. ...

ASIC brings criminal charges against SMSF adviser

CLAIRE MCGREAL  |  WEDNESDAY, 15 FEB 2012
... Dangar had the authority to take a charge out against SMSF Consultants. The commission also alleges he gained a financial advantage of around $250,000 when recommending clients buy shares in Morris that he owned, by misrepresenting the true value of ...

Accountant charged with 37 offences

ELISE BURGESS  |  THURSDAY, 15 DEC 2011
... count of operating without an Australian financial services (AFS) licence and the 15 counts of obtaining a financial advantage by deception involving amounts of approximately $1.4 million. Letten is facing a maximum of five years imprisonment on each ...

ASIC imposes permanent ban on fin services provider

ELISE BURGESS  |  WEDNESDAY, 23 NOV 2011
... year, Hawa was convicted of four counts of obtaining money by deception and one count of dishonesty obtaining financial advantage by deception, among other matters. It was found Hawa induced individuals to invest money in the foreign exchange market ...

Former Sonray chief gets jail time following ASIC charges

CLAIRE MCGREAL  |  MONDAY, 17 OCT 2011
... false withdrawals totaling $7,800,923, two charges of theft totalling $2,256,500, one charge of obtaining a financial advantage by deception and one of misleading an auditor concerning a capital injection of $5,200,000. ASIC Chairman Greg Medcraft said ...

ASIC warns CFOs after Westpoint sentencing

MATT WOODINGTON  |  MONDAY, 12 SEP 2011
... sentence. Rundle, found guilty of two counts of making a false or misleading statement with intent to obtain a financial advantage, was sentenced to eighteen months imprisonment on each count, with the sentence to be suspended based upon an eighteen ...

Australian Capital Reserve directors plead guilty

MATT WOODINGTON  |  TUESDAY, 30 AUG 2011
... fundraising arm of Estate Property Group, have pleaded guilty to making false or misleading statements to obtain a financial advantage. Samuel Pogson and Murray Lapham each admitted to one charge of making false statements in the company's accounts and ...

Westpoint directors face charges

ELISE BURGESS  |  MONDAY, 4 JUL 2011
... court on July 15. On June 24, Rundle was found guilty of making a false statement with intent to obtain a financial advantage in his role as Westpoint's chief financial controller. Rundle will be sentenced on 12 August 2011. ASIC continues to seek compensation ...

Chartwell dir Hoy jailed 13 yrs

ELISE BURGESS  |  THURSDAY, 24 MAR 2011
... guilty to 44 deception charges totalling almost $22 million. Hoy originally faced 148 counts of obtaining a financial advantage by deception, and 32 counts of obtaining property by deception following an investigation by the Australian Securities and ...