Former financial adviser faces seven fraud charges

financial adviser investments commission australian securities and investments commission

15 October 2006
| By Tara Hayes |

A Queensland financial adviser has been charged with seven counts of fraud, including six counts of misappropriating over $100,000 worth of clients’ money.

Scott Warner appeared in the Brisbane Magistrates Court last week charged with six counts of dishonestly causing detriment to six clients, totalling $126,754, and one count of forgery.

All charges are related to work Warner did between February 2002 and June 2004.

On June 29, 2006, Warner was permanently banned from providing financial services by the Australian Securities and Investments Commission.

Warner has been released on bail and will reappear in court in November this year.

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