Aussie Adviser Banned 10 Years Over $9.6 Million Scam

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Australia’s financial watchdog has slapped a decade-long ban on a Sydney-based adviser after she sent client funds into a crypto operation flagged as risky. The Australian Securities and Investments Commission (ASIC) says Glenda Maree Rogan moved A$14.8 million ($9.6 million) into a platform already marked as unlicensed. Clients, family and friends reportedly lost out when their money vanished into what ASIC calls a likely scam.

Adviser Accused Of Misleading Clients

According to ASIC, Rogan pitched a “high-yield fixed-interest account” between May 2014 and February 2024. She worked as…

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