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Court dismisses charges against former Macquarie adviser
White Collar 2024-10-04 11:49 pm By Christine Caulfield

A criminal case against a former financial adviser from Macquarie accused of trading in derivatives without a client’s authority has been dismissed.

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Former Berndale Capital director pleads guilty over misuse of funds
Financial Services 2024-09-18 11:20 pm By Christine Caulfield

A former director of collapsed Melbourne derivatives broker Berndale Capital Securities has pleaded guilty to offences connected to his misuse of company funds.

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Former JPMorgan trader pleads guilty to fraud charges
Financial Services 2024-09-16 3:49 pm By Cat Fredenburgh

A former JPMorgan executive has pleaded guilty to fraud for allegedly misappropriating nearly $1 million from clients of his defunct companies.

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Corrs Chambers Westgarth poaches regulatory ace from Allens
Business of Law 2024-09-02 11:14 pm By Cindy Cameronne

A managing associate at Allens who specialises in regulatory investigations and financial crime is joining the Corrs Chambers Westgarth partnership as a member of its investigations and inquiries practice group.

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Sydney developer on hook for $11.2M over role in Plutus blackmail scheme
Tax 2024-08-28 11:38 pm By Cindy Cameronne

A property developer has been ordered to pay $11.2 million to the liquidators of Plutus Payroll after a judge found he helped an employee of the defunct payroll services company “wash” money he blackmailed from the company’s directors.

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Financial advisor jailed for 12 years after fleecing clients of $6M
White Collar 2024-08-27 11:54 pm By Andy Sidler

A former financial advisor at the now-defunct Growth Plus Financial Group has been convicted on 28 counts of fraud and jailed for 12 years for defrauding clients of $6 million, in conduct a judge described as “evil” and “systematic”.

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‘Again and again’: Clive Palmer can’t relitigate challenge to ASIC examination, court told
White Collar 2024-08-22 11:31 pm By Sam Matthews

The CDPP has complained about being brought back to court “again and again” to deal with Clive Palmer’s complaints about a compulsory examination by ASIC, as the corporate regulator seeks to have his case challenging the lawfulness of the seven year-old examination thrown out as an abuse of process. 

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BBY former manager sentenced over $8.4M in client fund transfers
Financial Services 2024-08-20 11:15 pm By Christine Caulfield

A former manager of BBY has been handed a two and half year sentence after pleading guilty to criminal charges following the stockbroking firm’s collapse. 

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Banksia class action silk faces criminal charges after ‘darkest legal chapter’
White Collar 2024-08-13 10:32 pm By Christine Caulfield

Former top silk Norman O’Bryan will face court this month on charges following civil findings he engaged in a fraudulent scheme as senior counsel for the Banksia Securities class action.

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Jailed advisor Roger Munro loses appeal after failed bid to withdraw plea
Financial Services 2024-07-31 11:42 pm By Andy Sidler

The Queensland Court of Appeal has knocked back a challenge by jailed investment guru Dr Roger Munro to his conviction on three counts of fraud, which landed him a four-and-a-half month prison sentence.

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