A former authorised representative of Charter Financial Planning has has been sentenced to three years' imprisonment for what the judge described as a betrayal of his clients. In a statement, ASIC said Kiama-based adviser Trevor Martin had been sentenced for three charges under the Crimes Act 1900 on 20 March, after he was found to have obtained A$208,000 of client funds dishonestly. His sentencing for three charges in relation to his activity as an adviser saw him receive an aggregate sentence of three years in prison. However, the judge determined his was suitable for an Intensive C...
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