
A former adviser licensed by AMP dealer group Charter has been charged with more than 25 offences under the NSW Crimes Act.
Trevor William Martin has been charged with 21 counts of dishonestly obtaining client funds and five counts of using false documents to obtain a financial advantage under the act, according to a statement issued by ASIC.
The statement said the offences occurred between May 2013 and April 2015, during which time Mr Martin was an authorised representative of collapsed non-bank dealer group The Salisbury Group and later Charter Financial Planning.
The commonwealth Director of Public Prosecutions is prosecuting the matter, the statement said.
The announcement from ASIC follows AMP’s grilling before the royal commission.
Rolling coverage of the royal commission can be seen on ifa’s live blog: https://www.ifa.com.au/strategy/25404-royal-commission-financial-advice-hearings-live-blog
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