Anthony Vivian Dick, a former financial adviser based in Townsville, has been charged with 11 counts of dishonestly applying to his own use property belonging to another.
The charges carry various maximum penalties of between 10 and 14 years’ imprisonment.
ASIC alleges that between March 2006 and December 2017, Mr Dick accessed and transferred around $1.1 million from his clients’ superannuation, pension and personal savings accounts to fund his personal lifestyle expenses.
Mr Dick appeared before court on 10 February 2020. The court granted bail and made an order that he surrender his passport.
The matter will next come before the court on 11 May 2020.
Hi, my name is Gabrielle and I work for an advocacy firm in Sydney called SR Group. We work on helping victims of financial fraud and/or misconduct seek compensation. We are looking into a Townsville Financial Advisor who has accessed many of his clients’ superannuation, pension and personal savings accounts to fund his personal lifestyle. We want to get in contact with these unfortunate individuals and try to help. If you have been of victim of this or know someone who has then please get in touch. You can contact us at 02 8304 9303 or via email at grobinson@srgroup.com.au. It is cost and obligation free.
In fairness to Synchron it is very difficult for a licencees audit process to detect fraud like this. There are some red flags like address being the advisers or P.O. Boxes. Unfortunately it does happen.
This guy’s name is A. Dick. Really? What an appropriate name. Hope ASIC throws the book at him and he is banned for life. We don’t want any more Dicks in our profession.
Sounds like he has the appropriate surname.
Id give him a different name other Vivian Dick is it Thieving ?
He should add hyphon head to his surname…
How was he able to get away with this for 11 years? These are the muppets that need to be drawn and quartered.
probably did it in smallish amounts so clients did pick up on it. thats what scammers do
Please jail this crook
Must bein the water, they breed some interesting advisers in this area of the world..
Two banned Advisers in the last 12 years makes it a problem area does it?
something in the water every time advisers are connected with accountants pushing SMSF