Former adviser charged with falsifying documents
Former financial adviser, Ashley Grant Howard, has been charged with falsifying documents.
Howard, of Hobart, Tasmania, appeared in Newcastle Local Court charged with 17 offences under the NSW Crimes Act.
It was alleged he used 17 false transfer forms to arrange for shares to be transferred between parties without the knowledge and approval of 14 shareholders between July 2013 and April 2014. Shares were transferred from clients to himself and an associate.
These were shares in GPS Alliance Holdings, BHP Billiton and Aquarius Platinum.
The maximum penalty per offence when dealt with summarily was two years in prison or a fine of up to $11,000.
The matter was being prosecuted by the Commonwealth Director of Public Prosecutions after a referral by the Australian Securities and Investments Commission (ASIC).
Howard had been permanently banned from providing financial services in October 2016.
Recommended for you
Sharing his reasoning in joining the FSC board, WT Financial chief executive, Keith Cullen, believes “product and advice cannot be separated” from each other in the current environment.
The Emerge Foundation, a charity run by financial advisers and fund managers, has announced a scholarship program to help veterans transition into tertiary education.
In an open letter, Sequoia chief executive Garry Crole has hit out against shareholders “with a personal axe to grind” as he fights for his job ahead of an EGM.
The JAWG has announced it is in talks with Treasury around five “core principles” to strengthen the education standards for new entrants to the financial advice space.