ASIC has permanently banned Ms Emma Feduniw, also known as Emma Khalil, of Brisbane QLD, from the credit and financial services industries.
The bans follow an ASIC investigation which led to Ms Feduniw, a former mortgage broker with AHL Investments Pty Ltd (trading as Aussie), being convicted on 3 June 2016 in Beenleigh Magistrate’s Court on eight charges relating to home loan fraud. She was convicted and fined $8,500 (refer: 16-186MR).
ASIC’s investigation found that Ms Feduniw provided documents in support of eight loan applications knowing that they contained false or misleading information about the applicant’s employment.
ASIC Deputy Chair Peter Kell said:
ASIC wants to ensure that dishonest brokers are removed from the industry. We will take all necessary steps to achieve this.’
Ms Feduniw has the right to appeal to the Administrative Appeals Tribunal (AAT) for a review of ASIC’s decision.