Former Brisbane-based financial adviser Kristofer Ridgway has been charged with 26 counts of dishonest conduct in relation to the provision of financial services, contrary to sections 1041G and 1311(1) of the Corporations Act 2001 (Cth).
It is alleged that Mr Ridgway facilitated investments on behalf of his clients in Steppes Alternative Asset Management and Trinus Impact Capital from 2016 to 2020, failing to disclose to his clients that he was entitled to, and would receive, substantial commission payments.
Mr Ridgway appeared at Southport Magistrates Court in Queensland on 18 November 2024, was released on bail, and the matter adjourned for mention on 3 February 2025.
These charges follow earlier charges brought against Mr Ridgway in December 2023 for allegedly providing false or misleading information to ASIC during an examination. Both sets of charges are now before the Southport Magistrates Court.
The matter is being prosecuted by the Office of the Director of Public Prosecutions (Cth) (CDPP) following a referral from ASIC.
