Former adviser cops 10-year ban for crypto investment scam
A former financial adviser who headed a cryptocurrency-based investment scam has been handed down a 10-year ban by the Australian Securities and Investments Commission (ASIC), which cited “misleading and deceptive conduct” as the reason behind the ban.
Glenda Maree Rogan was a financial adviser and accountant at various companies under the ‘Fincare’ banner as well as an authorised representative of Australian financial services (AFS) licensee Private Wealth Pty Ltd between March 2022 and June 2023, the period when she swiped approximately $14.8 million in funds from clients, family and friends under false pretences.
An ASIC…
