Federal Court orders $60,000 in penalties for contempt of court

The Federal Court has ordered Mr Eustace Senese (Eustace Senese), his son Mr Cameron Senese (Cameron Senese) and associated company, Transcomm Global Pty Ltd (Transcomm) to pay penalties totalling $60,000 following findings of contempt of court on an application brought by ASIC. On 11 October 2018, the Court considered the penalties proposed in an agreed …

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