AAT prohibits former Victorian mortgage broker from participating in the credit industry
The Administrative Appeals Tribunal (AAT) has endorsed and extended ASIC’s original decision to permanently ban former Victorian mortgage broker Rudy Noel Frugtniet from engaging in credit activities. Mr Frugtniet remains permanently banned from engaging in any credit activities. The AAT also widened Mr Frugtniet’s original banning order to permanently ban him from performing any function …
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