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ASIC roundup: Director using investor funds, and worries about ‘girl math’

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

Martina Lindberg

3 min read
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The Australian Securities & Investments Commission’s latest actions and news, February 12 – 16, 2024.

David Paul Hodgson and companies in court – February 15, 2024

Proceedings against David Paul Hodgson, MacroLend Pty Ltd and Great Southland Limited have commenced in the Federal Court over alleged unlicensed financial services and misrepresentations to investors.

Allegedly, since at least January 5, 2015, MacroLend was unlicensed when it raised over A$47.4m

Investors

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