As AAP reported in May, Vanda Gould was handed extra jail time after being charged in 2016 over a false witness testimony given during civil proceedings in the Federal Court in 2013 during a tax evasion investigation.
The Australian Federal Police (AFP) said at the time: “During those proceedings — which related to a tax evasion investigation — one of the witnesses gave evidence relating to his Swiss-based company’s apparent ownership of offshore companies.
“It was later found that this testimony was fabricated at the direction of the Sydney man, who had coached the witness to give false evidence.”
On Tuesday, ASIC confirmed to ifa that it had cancelled Mr Gould’s licence which he has held since 4 December 2003.
“ASIC cancelled the licence because the licensee failed to maintain external dispute resolution membership with the Australian Financial Complaints Authority (AFCA), and had failed to lodge profit and loss statements and balance sheets for financial years ended 30 June 2019 and 30 June 2020,” a statement released on Tuesday read.
Under the Corporations Act, the regulator may suspend or cancel an AFS licence if a licensee fails to meet obligations that include holding membership of a dispute resolution system and lodging financial statements annually.
Mr Gould was also recently mentioned in the Pandora Papers scandal.
you could also go to jail for not doing an Opt In letter or FDS. What a wacky universe ASIC live in
Wait, his licence was cancelled due to not holding membership of a dispute resolution system and for not lodging financial statements on time? What about the fact he was convicted and sentenced to jail for criminal behavior??
If only he had paid up his AFCA membership and lodged his financial statements with ASIC, he could still be practicing from his jail cell. #working from home
He can’t really see clients face to face in Sydney at present so its not a bad way to reduce your office expenses.