ASIC roundup: illegal phoenix activity and false crypto license claims
The Australian Securities & Investments Commission’s latest actions, August 11 – 18, 2023.
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Former director sentenced to good behaviour bond – August 18, 2023
Giovanni Demasi, a former director of the long-haul trucking business Sapphire Freighters Pty Ltd, has been sentenced to a three-year good behavior bond and a A$10,000 ($6,433) recognisance after pleading guilty to one charge of making a false or
ASIC, Audit, Australia, Australian Corporations Act s1308, Australian Corporations Act s206F, Australian Corporations Act s590, Australian Corporations Act s963E, Australian Corporations Act s963K, Australian Crimes Act 1914 s19B, Australian National Consumer Credit Protection Act s30, Crypto, Industry