Former AMP adviser pleads guilty to stealing client funds

Pedro Gonçalves
clock • 1 min read

A former AMP adviser has pleaded guilty to stealing more than A$200,000 in client funds and faces up to ten years in prison. Trevor William Martin was an authorised representative of The Salisbury Group, and later Charter Financial Planning, which is owned by AMP. He has pleaded guilty in the NSW District Court, Australia, to three counts of dishonestly obtaining client funds under the NSW Crimes Act. An ASIC investigation found that between 1 June 2011 and April 2015, Martin stole approximately A$208,000 from clients. The watchdog said Martin advised clients of investment opportun...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?