Day: January 22, 2024

Queensland company Penta Capital Pty Ltd has agreed to pay $53,280 to comply with four infringement notices issued by ASIC. ASIC alleges Penta Capital made a series of false and misleading statements on its website. Between May 2022 and February 2023, Penta Capital’s website included the following statements which ASIC alleges are misleading: it managed …

Penta Capital to pay $53,280 over allegedly misleading statements Read More »

The Financial Conduct Authority (FCA) has launched criminal proceedings against Guy Flintham for committing fraud by false representation and for carrying out regulated activity without authorisation. The FCA alleges that between January 2016 and November 2021, Mr Flintham, based in Blackburn, Lancashire, defrauded around 240 investors by making false representations to persuade them to invest …

Individual charged with fraud over unauthorised investment scheme Read More »