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Former CFO of Traditional Therapy Clinics Limited charged with market manipulation and fraud

ASIC office

These transactions created an artificial price for TTC shares on the ASX during this 12-week period.

The Australian also alleges that Wu dishonestly obtained loans from the Commonwealth Bank of Australia (CBA) for personal property purchases.

Wu provided falsified documents to support his loan applications and he managed to obtain funds in the amount of $390,000 in 2012 and $260,001 in 2015.


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Steffy Bogdanova

Steffy Bogdanova

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.

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