Former Financial Advisor Jailed Following ASIC Charges for Forgery and Fraud

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Former Financial Advisor Jailed Following ASIC Charges for Forgery and Fraud

Postby kreslik.news » Mon Nov 14, 2016 7:59 am


A former financial adviser has been given a seven year jail sentence in a local Australian court on charges brought by the Australian Securities and Investments Commission (ASIC) for a combination of fraudulent activities.

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Darren John Wise, formerly of Rhodes NSW, had previously pleaded guilty to one count each of forgery, using forged documents and fraud.

Forged Signatures

The charges relate to Wise’s conduct between 23 October 1997 and 10 March 2006, when in his capacity as a financial adviser he created six applications for margin loans on which he forged eight of ... (read more)

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