A former investment manager for the Trio Capital-aligned ARP Growth Fund has been sentenced to 25 months in jail.
Tony Maher – formerly known as Paul Gresham – has been handed the jail sentence in the District Court of NSW after pleading guilty to 20 offences including making false statements to the market.
Mr Maher is a former owner and director of PST Management, which acted as investment manager of the ARP Growth Fund.
“Mr Maher’s conduct fell below an acceptable standard,” said ASIC’s John Price in a statement.
“Gatekeepers, like directors, company officers, auditors, investment advisers and financial planners, who think they can flout the law, should think again.”
An ASIC senior executive leader has made a “spurious attempt to smear the advice community” in front of the Financial ...
Appearing before a parliamentary committee hearing, the corporate regulator confirmed just two charges have been laid ...
Clients should be asked about their environmental, social and governance (ESG) values to ensure products are in their ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin