Planner pleads guilty to vote-rigging

ASIC/policy/regulation/financial-planning/

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Financial planner, Neil John Evans of Wodonga, has pleaded guilty to vote-rigging in the director elections for WAW Credit Union Co-Operative following an investigation by the Australian Securities and Investments Commission.

Evans admitted he misused the personal details of not less than 499 WAW members to gain access to the online voting portal and cast ballots in the election for two candidates without their authorisation.

As a result, one person was improperly elected to the WAW board, and another person who should have been elected was not.

Evans was placed on a 12-month good behaviour bond, conditional upon him paying $12,000 into the court fund and prohibiting him from providing financial advice to WAW customers for the duration of the bond.

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