Australian Financial Advisor Jailed for 10 Years After $9.6M Crypto Fraud

Australia has taken a strong stance against financial fraud, recently banning Glenda Maree Rogan from practicing financial services for ten years after she mismanaged nearly A$9.6 million in client funds through an unlicensed crypto scheme. Rogan defrauded investors, promising fixed-interest accounts with high returns, then diverting the money to crypto wallets connected to Financial Centre, a platform flagged by ASIC as illegal.