Former Principal of Sherwin Financial Planners sentenced to 10 years imprisonment
Australia
- 11/14/2017
- Suspension
- Australian Securities and Investments Commission
Detail
On 5 September 2017, Mr Sherwin, 63, appeared in the Brisbane District Court, and pleaded guilty to:
- twenty four counts of fraud by dishonestly causing a detriment between May 2009 and December 2012 to the value of nearly $10million to a number of clients of Sherwin Financial Planners; and
- one count of breaching his duties as a director of Wickham Securities between June 2010 and October 2010 by falsely reporting nearly $4.5m of loans made by Wickham had been repaid.
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