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Former SMSF adviser convicted

A former financial adviser specialising in self-managed superannuation has been convicted and sentenced in a Sydney local court for lodging a false statement with the corporate regulator. 

Craig Gerard Dangar appeared before the Downing Centre Local Court on Friday, according to an Australian Securities and Investments Commission statement, pleading guilty to one count of lodging a false statement, referring to a lodgement he made claiming he was a director of SMSF Consulting Pty Ltd.

He was convicted and sentenced to a good behaviour bond of 18 months.

Dangar was previously found guilty of two counts of obtaining financial advantage by deception and sentenced to concurrent suspended sentences of 18 months imprisonment.