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Showing 1 - 10 of 98 results for "Financial Advantage"

ASIC permanently bans jailed adviser

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
... deposits. On 16 April 2025, Del Vecchio pleaded guilty in the County Court of Victoria to 24 charges of obtaining financial advantage by deception. He was sentenced to serve seven and a half years in prison with the possibility of parole after four years. ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... personal expenses. He entered a guilty plea in September 2024 to three offences of dishonestly obtaining a financial advantage by deception in contrary to s192E(1)(b) of the Crimes Act 1900 (NSW), with a further four offences taken into account for sentencing. ...

Former financial adviser charged in alleged $160k super fraud case

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
... subsequently taken to Riverstone Police Station. He was then charged with five counts of dishonestly obtaining financial advantage by deception. He was granted conditional bail to appear at Blacktown Local Court on June 16. According to the Financial ...

Super lobbies welcome bipartisan support to fight financial abuse

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... eradicate financial abuse. "ASFA has long advocated for change to stop perpetrators of family violence gaining a financial advantage through the superannuation of their victims, so we welcome the Opposition's commitment to ending financial abuse in the ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... US$7.9 million uplift in profitability. "Tokenisation, therefore, is expected to deliver multiple layers of financial advantage to asset managers. It will allow them to launch funds more quickly and less expensively, to operate them more cost efficiently ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... Guevara Capital Access (GCA) and Online Trading Capital (OTC) has yesterday admitted he dishonestly obtained a financial advantage by deception in the Downing Centre District Court. Mark McCabe has pleaded guilty to three offences contravening s192e(1)(b) ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... aided, abetted, counselled, or procured offences by another former BBY employee, who dishonestly obtained a financial advantage for BBY from St George Bank. In June, former head of operations Fiona Mae Bilton was sentenced to 20 months in prison, suspended ...

BBY chief charged with aiding and abetting fraud

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... aided, abetted, counselled or procured offences by another former BBY employee, who dishonestly obtained a financial advantage for BBY from St George Bank. "The financial advantage was obtaining additional funding by way of improperly drawing down on ...

Former BBY operations lead sentenced

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... head of operations of collapsed stockbroker BBY was sentenced on three charges of dishonestly obtaining a financial advantage. Between June 2013 and May 2015, while BBY's head of operations, Fiona Mae Bilton deceived St George Bank in related to the ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... Nugara did not respond to any of its concerns. Nugara was arrested in October 2022 on 35 counts of obtaining financial advantage by deception. He is currently in custody. After fleeing Australia in 2019, it is alleged Nugara was living in Bali, Costa ...
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