June 09, 2015 BY Mike Fox

ASIC bans promoter of non-existent fund

Australian Securities and Investments Commission (ASIC) has today banned Mr. Paul Duncan, of Carrara, Queensland, from providing financial services for four years after an ASIC investigation found he had engaged in misleading and deceptive conduct. ASIC's concerns related to false and/or misleading representations that appeared on the website of Active Captial Managers Pty Ltd (ACM)…

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