ASIC found that he:

made false statements to ASIC in Sunpac Finance’s annual compliance certificates about Sunpac Finance’s compliance processes and procedures;
was involved in Sunpac Finance and Heritage Financial Solutions’ breaches of their general conduct obligations as credit licensees;
was involved in Heritage Financial Solutions carrying on a financial services business without a license; and
engaged in conduct that demonstrated a fundamental lack of understanding of and regard for compliance with the law.

ASIC has permanently banned John Dimitropoulos

Australia