Former Sunshine Coast financial adviser Brett Gordon diverted more than $650,000 of client funds to cover personal debts and expenses.
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Telstra shares dip on job cuts news, and the most harmful personal finance trends on TikTok revealed. Here are five things you may have missed this week.
The social media landscape is awash with finfluencers - amateur 'financial advisers' - claiming to improve financial literacy. But are they really?
Some of the country's largest lenders are failing to provide adequate support to customers struggling to pay their mortgages, ASIC has found.
ASIC has slapped a permanent ban on a financial adviser who doctored her exam certificate and continued to provide advice without the proper qualifications.
ASIC has accused three blockchain mining companies of asking investors to transfer funds from regulated super funds to SMSFs and convert them into cryptocurrency.
ASIC has appealed the Federal Court's decision to dismiss its proceedings against Finder Wallet.
Vanguard misled investors over ESG screening, the Federal Court has found. This marks the first win for ASIC in a greenwashing proceeding.
ASIC has effectively bankrupted finfluencer Tyson Scholz after securing sequestration orders against him.
Russell Sandiford is facing possible jail time and a hefty fine after he convinced people to hand over more than $400,000 for the purpose of investing before spending it all elsewhere and paying back just 1% of the total to investors.
