Thank you Laura, Money Management and FSCP for round 1 against some of the worst criminals in our industry but this will not end because ASIC cannot stop them or willing to go for round 2 to date. We know who they are and we have told product providers loosing FUM (mostly industry funds) and product providers gaining it (plus knowingly) HOWEVER, everyone says they are powerless to stop this. One such Brisbane based scam call centre owned and operated by a US based "business coach" who lives in Bermuda and works with 5 or more self licensed firms has been doing this for over 5 years and claims that they cannot be stopped thereby letting their Australian "partners" to drive around in shiny new red Ferrari's. Pathetic!