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.”
Staffing levels at the prudential regulator will rise and consumer advocates will be given more cash under new measures outlined in Tuesday’s budget...
The commercial law firm has signed on to partner with Australia’s leading technology and innovation event for financial advisers. ...
Insurers and industry bodies are urging life insurance clients to get a COVID vaccine as soon as possible, amid social media speculation that getting ...
Get notifications in real time and stay up to date with content that matters to you.
