The Federal Court today ordered Get Qualified Australia Pty Ltd (GQA) to pay an $8 million penalty for multiple breaches of the Australian Consumer Law (ACL) and its sole director, Mr Adam Wadi, to pay a penalty of $500,000.
This is one of the highest penalties e...
ASIC Media Release
A 31-year-old South Australian man has pleaded guilty in the District Court of South Australia to market manipulation charges under sections 1041A(c) and 1041B(1)(a) of the Corporations Act following an ASIC investigation into his trading in contracts for difference (CFDs) and shares.
Stefan Mark Boitcheff, a day trad...
ASIC Media Release
Mr Gavin Keith Hyland has been permanently banned from engaging in credit activities or providing financial services.
Mr Hyland was banned following his recent conviction in the Brisbane District Court on two counts of dishonestly using his position to misappropriate $104,110 of investor funds. Mr Hyland is currently se...