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ASIC bans financial advisor for defrauding clients of over AU$3 million

ASIC has permanently banned a financial adviser following an investigation by the corporate regulator which found that he had defrauded clients of over AU$3 million over a seven year period. ASIC’s investigation focused on the conduct of Robert Owen Bean of South Australia, while he was a securities representative and an authorized representative of Charter Financial Planning between 30 June…

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