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Home News

Adviser pleads guilty to dishonesty

A Townsville adviser has pleaded guilty to 11 counts of dishonesty relating to the transfer of over $1 million from his clients’ super, pension and savings accounts.

by Reporter
May 13, 2020
in News
Reading Time: 1 min read
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In a statement released on Wednesday, ASIC said Anthony Dick had pleaded guilty to the offences under the Criminal Code Act 1899 (Queensland) on 30 March.

The offences related to “dishonestly applying to his own use, property belonging to another” contrary to section 408C(1)(a) of the act.

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The regulator’s case alleges that Mr Dick accessed around $1.1 million from his clients’ super, pension and savings accounts between 2006 and 2017, which was used to fund his personal lifestyle.

The charges carry maximum penalties of between 10 and 14 years’ imprisonment.

The matter is being prosecuted by the Commonwealth Director of Public Prosecutions, with Mr Dick set to appear in Townsville District Court at a date yet to be set.

ASIC said Mr Dick had co-operated with their investigation and pleaded guilty to the offences early.

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Comments 22

  1. Richie says:
    6 years ago

    based on James Gibbs example non-parole will be < 10 years. Wait & see

    Reply
  2. Anonymous says:
    6 years ago

    What an Anthony

    Reply
  3. anonymous says:
    6 years ago

    at least he has the right name. dick head.

    Reply
  4. anon another 1. says:
    6 years ago

    this will never stop. …argh. EXIT the FP. industry is the best answer….for all of us.
    he may of had a gambling problem..? drug addict..?

    Reply
  5. Ghost of Chuck Berry says:
    6 years ago

    Anthony Vivian Dick.

    Guess who the AFSL were over his advice / offending journey? According to the FAR;

    Jigsaw (AMP) 2004 to 12, GWM (NAB) 12 to 14 and lastly Synchronised 14 to 18.

    Reply
  6. #floghim says:
    6 years ago

    [quote=Foggers CFP]What a Dick[/quote][quote=Foggers CFP]What a Dick[/quote]

    Reply
  7. Barry Ford Da Kingswood says:
    6 years ago

    Meanwhile, AMP and the likes get the green light

    Reply
    • just saying says:
      6 years ago

      Isn’t AMP Jigsaw simply service provider to self licenced AFSL’s ??

      Reply
  8. Anonymous says:
    6 years ago

    Wow, what fool would do this let alone scumbag

    Reply
  9. Russell says:
    6 years ago

    10-14 years maximum?? This guy should be locked up for life with no parole. And how he got away with it for so long is another disgrace.

    Reply
  10. John Jones says:
    6 years ago

    See we are all crooks who steal and can’t be trusted ! Until we have more regulation – daily opt in, fee per page, guaranteed refund of fees going back 25 years – we will never be seen as a profession !

    Reply
    • Anon says:
      6 years ago

      Regulation does not stop dishonesty, wake up. There are dishonest lawyers who are plundering client accounts as we speak, but they will NEVER have to go through what the financial services industry is going through because they have strong representation, back each other, even the dishonest ones and what is more to the point, make up the rules for everyone else. 18000+ financial planners 70,000 lawyers says it all.

      Reply
      • anonymous says:
        6 years ago

        yeah but you have to [b]be dishonest[/b][b][/b] to be a lawyer.

        Reply
  11. Anonymous says:
    6 years ago

    12 years !!!! to catch him!!!!

    Reply
  12. John says:
    6 years ago

    Oh! I despair of these people…..how do they think that they can steal such large amounts of money and expect to get away with it?

    Reply
    • Anonymous says:
      6 years ago

      And…..they get the Government, ASIC and Society against us!!!

      Reply
  13. Anonymous says:
    6 years ago

    Cue the “Dick” comments….

    Reply
    • Foggers CFP says:
      6 years ago

      What a Dick

      Reply
      • #floghim says:
        6 years ago

        Dickhead!!

        Reply
      • Michael says:
        6 years ago

        and it took them 12 years to grab him…

        Reply
    • Anonymous says:
      6 years ago

      Well he was in the prong on this occasion.

      Reply
    • Dave says:
      6 years ago

      Dickscraceful.

      Reply

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