Trusted adviser commits fraud
Former Perth financial adviser Antonio Pisano has been sentenced to four years, eight months jail after pleading guilty to eight counts of fraud amounting to $1,537,735.00.
An Australian Securities and Investments Commission investigation found that Pisano defrauded investors between June 1996 and July 2001 while he was a director and shareholder of Pisano Financial Services, which subsequently entered external administration at the beginning of 2004.
At the time, he was also Deputy Mayor of Gosnells City Council.
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