ASIC’s Moneysmart warns of 25% increase in fake celebrity finance endorsements
Well-known personalities whose images have appeared on fake websites include billionaires Andrew ‘Twiggy’ Forrest, Gina Rinehart and Anthony Pratt.
ASIC News
ASIC launches civil penalty proceedings against Equity Trustees
The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings in the Federal Court against Equity Trustees Superannuation Limited.
ASIC obtains Court orders freezing bank accounts of Gregory Cotton and First Mutual Private Equity
Federal Court freezes funds of Melbourne-based Gregory Cotton and his company First Mutual Private Equity Pty Ltd.
ASIC’s investment scam website takedown capability gets expanded
The Australian Securities and Investments Commission (ASIC) is stepping up its action to protect consumers from online investment scams.
ASIC bans former Next Generation Advice adviser for four years
ASIC has banned financial adviser Andrew Rankin from providing any financial services for four years.
Administrative Review Tribunal upholds ASIC’s ban on United Global Capital director
The Administrative Review Tribunal has upheld ASIC’s decision to ban United Global Capital (UGC) director Joel James Hewish for 10 years.
ASIC announces charges against four individuals involved in investment scam
Dimitrios (James) Podaridis, Peter Delis, Bassilios (Bill) Floropoulos, and Harry Tsalikidis have been charged with money laundering offences.
ASIC probe results in charges against former director of Professional Wealth Management
Donald James Cuthbertson, a former financial services company director and financial adviser, has been charged following an ASIC investigation.
ASIC warns public against investing in Bitget’s unlicensed crypto futures products
ASIC is warning Australian investors against investing in unlicensed cryptocurrency futures products offered by Bitget.
ASIC bans two financial advisers of MWL Financial Services
ASIC has banned two former financial advisers of MWL Financial Services Pty Ltd (MWL) from providing financial services.
