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Showing 61 - 70 of 156 results for "District Court"

Elon Musk charged with securities fraud

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... communications are made via social media or another non-traditional form," Avakian said. SEC has filed a complaint with the district court of the Southern District of New York. It is seeking permanent injunction, disgorgement, civil penalties and a bar ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... a statement released to the ASX on Friday morning, Macquarie Group confirmed German authorities and the Munich District Court were investigating a 2011 transaction involving the $497 billion financial services giant. The German authorities are investigating ...

Former adviser cops 10-year imprisonment

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2017
... owing more than $27 million to approximately 300 debenture holders. On September 5, he appeared in the Brisbane District Court and pleaded guilty to 24 counts of dishonesty for defrauding self-managed superannuation fund members to the tune of $10 million ...

Company director jailed after mishandling funds

KERRIE SYDEE  |  MONDAY, 14 NOV 2016
... pleaded guilty to mishandling millions of dollars of company funds. Frederick Hansen pleaded guilty in the Southport District Court to two counts of dishonestly using his position as a director of Global Rule and was remanded in custody. Global Rule ...

ASIC permanently bans jailed adviser

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... authorised representative was terminated on 2 August 2016. As part of her sentence, Judge Dick of the Brisbane District Court ordered Whelan pay the organisation $33,419.11 in compensation. ASIC deputy chair Peter Kell said: "Dishonesty by any financial ...

ASIC bans fraudulent adviser

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
... Madhoji was sentenced to seven-and-a-half years' imprisonment with a non-parole period of 22 months in the Brisbane District court on 55 charges of fraud under sections 408c of the Queensland Criminal Code.

ASIC hands down multiple bans

KERRIE SYDEE  |  WEDNESDAY, 27 JUL 2016
... financial services and engaging in client credit activities following multiple convictions of fraud in the Brisbane district court. Grevsmuhl was sentences to 13 and a half years imprisonment after setting up fake superannuation investments and defrauding ...

Former Wickham CEO pleads guilty to fraud

MARK SMITH  |  FRIDAY, 15 JUL 2016
... the regulator said 50-year-old Garth Robertson of Parrearra on the Sunshine Coast pleaded guilty in the Brisbane District Court to 10 counts of dishonestly obtaining property totalling $761,504 from Wickham Securities between December 2010 and November ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
... employees were concerned their 401(k) plan had too many expensive retail-style products in its menu. In 2010 the US District Court found in favour of the employees but the case was appealed and eventually found its way to the Supreme Court. While the ...

Ex-ANZ adviser sent to jail over $6m fraud

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
... 20 years. Melinda Scott will serve three years and ten months in jail before being eligible for parole, the NSW District Court ruled yesterday. Scott ran her own financial planning business, Roach Graham Scott, between January 1989 and December 2012. ...