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Showing 1 - 10 of 145 results for "Dishonest conduct"

Former adviser jailed over $2m SMSF investment scheme

VINNY VUCAGO  |  WEDNESDAY, 13 MAY 2026
... services director Ashley Arandez has been sentenced to five and a half years imprisonment after admitting to dishonest conduct, operating an unlicensed financial services business and dealing with proceeds of crime tied to $1.97 million in investor funds. ...

Former Berndale director pleads guilty

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
... D'Amore admitted to three combined charges before the Federal Court, covering breaches of directors' duties, dishonest conduct in financial services, and providing false or misleading information to the regulator. The charges follow earlier action ...

Former adviser incurs additional charges for dishonest conduct

RIDDHIMA TALWANI  |  FRIDAY, 6 MAR 2026
... PWM between the period of 11 December 2018 and 9 September 2025. Cuthbertson previously faced six charges of dishonest conduct in relation to a financial product and one charge of the same offence committed by proxy. Cuthbertson appeared at Downing Centre ...

ASIC bans adviser who stole from super accounts

JAMIE WILLIAMSON  |  FRIDAY, 6 FEB 2026
... on fraud charges last year, has been permanently banned by ASIC. Valvo was convicted last year of engaging in dishonest conduct after he stole $110,000 from clients' Wealthtrac superannuation accounts under the guise of adviser fee forms that authorised ...

Adviser banned after $11.3m loss

ELIZA BAVIN  |  WEDNESDAY, 22 OCT 2025
... increased over the period, when, in fact, their investments had lost 90% of their value. ASIC determined this was dishonest conduct according to the standards of ordinary people, highly unprofessional, and lacking in sound judgement and integrity. Additionally ...

Guilty plea entered in Ponzi scheme case

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
... financial services business without and AFSL and duped investors out of nearly $2 million has pleaded guilty to dishonest conduct and dealing with proceeds of crime. Ashley Arandez pleaded guilty to dishonest conduct, unlicensed conduct, and dealing ...

Former adviser charged over clients' near $1m loss

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
... Professional Wealth Investments (PWI) appeared in the Downing Centre Local Court yesterday on six charges of dishonest conduct in relation to a financial product, contrary to s 1041G of the Corporations Act and one charge of the same offence committed ...

Former BBY chair charged with aiding dishonest conduct

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025
... funds. Glenn Rosewall was charged with two offences related to aiding, abetting, counselling or producing BBY's dishonest conduct, which has also led to charges against four other former BBY executives. ASIC alleges that in 2015, Rosewall was involved ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... traceable to funds invested in the Core Notes. Last April, Mawhinney was arrested and charged with engaging in dishonest conduct for allegedly claiming IPO Wealth Group owned companies that it did not. On his website, Mawhinney boasts that he: "Successfully ...

Former adviser accused of theft loses lengthy extradition fight

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025
... clients' self-managed super funds. She was permanently banned by ASIC in 2015 after it found she engaged in dishonest conduct and in conduct that was misleading or deceptive. ASIC alleged Pearson created documents to disguise the fact she was funnelling ...
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