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ASIC roundup: fraud, dishonest conduct and misuse of company funds

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Martina Lindberg

3 min read
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The Australian Securities & Investments Commission’s latest actions and news, September 16 – 20, 2024.

Mark McCabe pleads guilty to three counts of fraud – September 16, 2024

Former financial services director Mark Francis McCabe has pleaded guilty to three offences of fraud, where he dishonestly obtained financial advantage by deception contrary to s192E(1)(b) of the Crimes Act 1900.

He obtained A$940,350 ($636,102) from eight victims

However,

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