Fraud case highlights need for due diligence
By James Harkness · 27 July 2016 · Cashflow
By James Harkness · 27 July 2016 · Cashflow
A shocking case of $6 million swindled from friends and family has led to a permanent ban. But what other risks are lurking in the shadows of the financial world?
Mark Steven Grevsmuhl, the superannuation fraudster who swindled 74 people, including friends and family out of $6 million, has been hit with a permanent ban by ASIC. The ban means Grevsmuhl is prohibited from providing financial services and engaging in credit activities. This follows his conviction of multiple counts of fraud in Brisbane District Court on […]
Tags: Asic, Financial Services Licence, Fraud, Mark Steven Grevsmuhl