ASIC roundup: Multiple frauds, and independence failure

The Australian Securities & Investments Commission’s latest actions and news, May 29 – 31, 2024.

Director permanently banned – May 30, 2024

Former director Christopher David Nairn has been permanently banned from working within the financial services and credit industries.

He falsified numerous documents by forging clients’ signatures and was then able to misappropriate more than A$650,000 ($429,525) of their funds.

At the time of the offence, Nairn was

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