In a statement, ASIC said Rahul Goel had appeared before the Perth Magistrates Court on 23 April, charged with 12 counts of dishonesty and three counts of false certification of documents.
The charges relate to activity that occurred between November 2018 and July 2019 through Mr Goel’s company AR Wealth and Finance.
They add to the four counts of dishonest conduct Mr Goel was charged with in September 2020 in relation to hardship and other applications to super funds on behalf of his clients. Mr Goel’s personal and business assets were frozen through interim orders from ASIC following the charges.
Mr Goel was an authorised representative of Australian Financial Directions until November last year, according to the ASIC register.
Each count of dishonest conduct Mr Goel has been charged with carries a maximum sentence of between 10 and 15 years’ imprisonment, while the false certification charges carry a maximum of seven years.
The case has been adjourned until 18 June.
I bet he passed the FASEA exam but