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The Australian Commission for Securities and Investments (ASIC) imposed a 10 -year -old industrial ban on Glenda Maree RoganFinancial advisor charged with abuse of nearly $ 10 million in client funds.
Prohibition, in force of June 6, prevents Rogan from offering financial advice or to engage in any financial services business throughout the countryaccording to a June 11.
Between March 2022 and June 2023, Rogan allegedly transferred the client’s money into a scheme of investment in the Crypto currency, although he told them that he was invested in a low -risk product, with a fixed interest.
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Then she worked as an authorized representative of Private Wealth Pty Ltd and Fincare Group. Asic said yes They gave false information to their clients and seduced them about safety, accessibility and nature of investment.
According to the regulator, Rogan also claimed that he was acting on behalf of Fincare, when it was not really the case. The investor allegedly reversed the investor into bank accounts under her control or those from her personal company.
These funds were then Converted to a crypto currency and sent digital wallets owned by an entity called the Financial CenterA foreign platform already identified by Asic as a possible fraud.
Asic concluded that Rogan Not “appropriate and appropriate person” to work in the financial service industry and stated that there is a high likelihood that they will again violate the rules if he is allowed to continue.
Meanwhile, South Korean actress Hwang Jung-Eum has recently been removed from the reality show Because I’m single and from Daesang Wellife Nucare’s advertising campaign. What happened? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
