In September 2019, the Australian Securities and Investments Commission commenced criminal proceedings against our client in relation to an alleged Ponzi scheme involving self-managed superannuation funds which resulted in more than $1.8 million being defrauded from various victims, including, two NRL referees.
Our client was initially charged with 12 counts of dishonest conduct in relation to a financial service, contrary to section 1041G(1) of the Corporations Act 2001. Each offence carries a maximum penalty of 10 years imprisonment.
Hanna Legal engaged in successful negotiations with the DPP, which had taken over the prosecution against our client. As a result, 6 of the 12 charges against our client were withdrawn.
Our criminal lawyers negotiated the statement of facts and assisted in the preparation of extensive subjective material on his behalf, which led to our client receiving a more favourable result at his sentence proceedings.
For more information, see: Graeme Miller: How conman fleeced clients of $1.8m, The Daily Telegraph, 11 July 2020.