The Australian Securities Commission prohibits a former financial advisor from practicing for ten years due to the misappropriation of 14.8 million Australian dollars in an investment eyewash.

[Golden Finance] The Australian Securities and Investments Commission (ASIC) announced that former financial advisor Glenda Rogan has been banned from the Financial Service industry for ten years. The investigation found that during her tenure from March 2022 to June 2023, she transferred at least 14.8 million Australian dollars of client funds to an encryption investment eyewash. During the misconduct, Rogan was an accountant and financial advisor for a company group named Fincare in the Sutherland and Wollongong area.

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