Former Brisbane-based financial adviser Kristofer Ridgway has appeared at the Southport Magistrates Court in Queensland charged with two counts of providing false or misleading information to ASIC during the conduct of a compulsory examination, contrary to section 64(1) of the Australian Securities and Investments Commission Act 2001 (Cth).
It is alleged that Mr Ridgway provided false or misleading information to ASIC while he was being examined during a compulsory examination conducted by ASIC as part of its investigation into Mr Ridgway’s role in recommending unlisted McFaddens Securities shares to clients.
Mr Ridgway appeared on 14 December 2023. He was released on bail and the matter was adjourned for mention on 5 February 2024 in the Southport Magistrates Court.
The matter is being prosecuted by the Commonwealth Director of Public Prosecutions following a referral by ASIC.
