In brief
- ASIC has banned Glenda Rogan for ten years after she allegedly transferred $9.6 million from clients to a crypto investment scam.
- Funds were sent to “Financial Centre,” a UK platform already on ASIC’s blacklist of untrusted entities.
- Rogan told clients the money was going into safe fixed-interest accounts, not risky crypto investments.
An Australian financial adviser has been banned for ten years after allegedly stealing $9.6 million from clients to invest in a crypto scam.
Glenda Maree Rogan allegedly transferred client funds to a crypto-based investment scam between March 2022 and June 2023, according to a statement released by the Australian Securities and Investments Commission on Wednesday.
While working as an authorised…
