Planner charged for fraudulent WAW vote
The Australian Securities and Investments Commission (ASIC) has charged Victorian financial planner, Neil John Evans, for fraudulently voting in the director elections for WAW Credit Union Co-Operative Limited.
An ASIC investigation found that Evans misused the details of 499 WAW members to gain access to the online voting portals and cast ballots in the November 2015 election for two candidates. One candidate was subsequently improperly elected.
ASIC alleged the planner sourced those details from a list of WAW customers that he had obtained to market his financial planning services.
Evans was charged with one count of causing unauthorised modification to data held in a computer, an offence which carries a maximum penalty. of 10 years imprisonment.
The matter was listed for a plea hearing in July this year.
Recommended for you
Treasurer Jim Chalmers has handed down his third budget, outlining the government’s macroeconomic forecasts and changes to superannuation.
The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension.
Government has introduced a bill to Parliament to legislate the first stream of the QAR reforms.
ASIC now has a 1:1 ratio when it comes to court success in the enforcement of crypto activities and more action is expected as Treasury seeks to introduce a regulatory framework.
