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.”
The directors of First Guardian Master Fund’s responsible entity, Falcon Capital, insisted its investments are fully ...
Adopting novel hiring and interviewing processes could be key to finding the best talent for your company, according to ...
Adviser numbers have spiked quickly following a sharp decline ahead of 30 June, with 122 either joining or rejoining the ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin