This is irresponsible reporting.

Why does it say "led to a Queensland financial adviser being banned" in the bold text at the top.

When in the second but last para it states "despite the fact he did not hold an Australian financial services licence and was not an authorised representative of a licence holder"

This guy was a fraud according to ASIC and was NOT a financial adviser, he was a con man by the sounds of it.

How will we develop and grow the reputation of the all the good financial advisers out there (that actually have a license) when our own industry rags cannot support us?