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ASIC roundup: Prison sentence for former director, fines, plus more

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

The Australian Securities and Investments Commission’s latest actions and news, May 5-15, 2026.

The District Court of New South Wales has sentenced a former director to a prison sentence for dishonestly obtaining A$2,478,624 ($1.76m) by means of deception. He has also been disqualified from managing companies for a period of five years.

According to ASIC the director sold false invoices and the