Three people have been charged for allegedly detaining and assaulting a financial adviser on Sydney’s Northern Beaches.
Sydney’s Manly Daily has reported that two men and a woman have been charged after being arrested in relation to the alleged detention and assault of a Beacon Hill-based financial adviser.
One of the accused was reportedly a client who had invested a sum of money with the adviser and invited him to his home in Ocean St, Narraweena, in order to investigate the “whereabouts” of the funds under advice.
Northern Beaches crime manager Craig Wonders told the local newspaper that the adviser was “detained for some time and was assaulted” and also that the accused “demanded money from the financial adviser” and threatened him with further violence.
The report suggests the adviser was able to negotiate his own release before contacting the police, who subsequently arrested the trio.
The man and woman have been charged with “aggravated kidnapping” among other charges, while the third man was charged with “detaining a person while in company with others”.
A NSW Police spokesperson told ifa the names of the victim and accused have not yet been released.
More to come.
When financial failures occur and accountability can’t be pinpointed clearly, often it is the adviser that gets ...
When dealing with high-risk investment portfolios and platforms, it is important advisers manage expectations even when ...
Orbis Investments has added a new marketing head to extend its reach to advised retail investors as part of its “next ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin